Summer 2014

t h e
Market Report
i s s u e
W h a t Y o u N e e d T o K n o w
W h e n S e l l i n g A F a r m o r R a n c h
R L I F a r m l a n d T r e n d s
W e s t e r n U S L a n d
M a r k e t R e p o r t
plus
BROKER SPOTLIGHT
J o e y B u r n s
ASFMRA MEMBER SPOTLIGHTS
M i k e K r a u s
J u s t i n B i e r s c h w a l e
c o v e r r
a n c h
Wolf Springs Ranch
A SPORTSMAN’S PARADISE ALONG THE
EASTERN FACE OF THE CONTINENTAL DIVIDE
C O L O R A D O
H u e r f a n o & C u s t e r C o u n t i e s
5 5 , 4 8 6 A C R E S
R a n c h M a r k e t i n g A s s o c i a t e s
S u m m e r 2 0 1 4
LANDSOFAMERICAWEST.COM

CONTENTS
S u m m e r 2 0 1 4
market report issue
8
16
20
22
26
30
2
8
WHAT YOU NEED TO KNOW
WHEN SELLING A FARM OR
RANCH by Chris Nolt, Solid Rock Wealth Management
BROKER SPOTLIGHT
by Courtney Donnell
Interview with Joey Burns
ASFMRA MEMBER PROFILE
Interview with Michael J. Krause
ASFMRA MEMBER PROFILE
Interview with Justin P. Bierschwale
RLI FARMLAND TRENDS
With farmland values rising consistently over the past 10
years, and exploding in some US regions such as the Corn Belt
and Northern Plains over the past five, this investment class
has generated considerable interest.
CUT THE CONFUSION:
WEBSITE OPTIONS
YOU CAN UNDERSTAND
by Mike Ciesiensky
S u m m e r 2 0 1 4
26 16
34
MARKET REPORT
Top Five Most Active Counties
Rural Real Estate industry trend reports such as Number of Searches
by County, New Properties Added Counts, Property Counts in Search
Results, and Number of Properties Marked as Sold.
Top Five Properties Sold
The top five properties sold in each state taken from our online
Comparable Sales Program.

cover ranch
42
55
WOLF SPRINGS RANCH
55,486± Acres in Huerfano and Custer Counties, Colorado
63
87
On the market for the first time, the 55,486-deeded
acre Wolf Springs Ranch is a sportsman’s paradise
outfitted with plenty of natural resources, production
capabilities, and magnificent scenery along the
eastern face of the continental divide.
46
feature ranches
PECOS RIVER RANCH RETREAT
1,616.34 ± Acres in San Miguel County. New Mexico
48
LAZY H RANCH
146± Acres in Parker County, Texas
subscribe now
Hood Real Estate, Inc.
72
www.HoodRealEstateInc.com
LANDSOFAMERICAWEST.COM
84
(830) 739-3815
90
PUBLISHER
EDITOR-IN-CHIEF & CREATIVE DIRECTOR
MARKETING & BUSINESS DEVELOPMENT MANAGER
MANAGING EDITOR & CONTRIBUTING WRITER
PROJECT MANAGER & LEAD DESIGNER
PROJECT MANAGER & DESIGNER
Featured by
Facebook
/LandsofAmericaMagazines
42
Tom Alexander
Lauret Jarvis
Todd Powers
Lorie Woodward Cantu
Sylvia Dang
Brittany Gillen
Newsstand
Digital Edition- iPad/iPhone
© Copyright 2014 LandsofAmerica.com. All rights reserved. No part of this publication may be reproduced without written permission from the publisher. Lands of America West Magazine is published by LandsofAmerica.com.
8121 Bee Caves Road, Suite 200, Austin TX 78746. Information provided to LandsofAmerica.com is deemed reliable but not guaranteed. The publisher will not be responsible for any omissions, errors, typographical mistakes or misinformation
within the this publication. Measurements and figures are approximate. Properties are subject to errors, omissions, prior change or prior sale. The real L estate a n advertised d s o f in Athis mmagazine e r i cis asubject W eto sthe t Federal . c oFair m Housing Act 3
of 1968 and it’s amendments. This magazine will not knowingly accept any advertising for real estate which is in violation of the law. Dwellings advertised in this magazine are available on an equal opportunity basis. Printed in the USA.

EDITOR’S PAGE
A western perspective
During the 1840s and 1850s, people read newspaper stories about the
wonderful land in the American West. Publications painted enticing pictures
of lush, available western lands thus causing thousands of pioneers to head out
on the trail west. Those pioneers paved the way for all of us who absolutely love
the West.
We still pioneer West - I did, by making my home in Crested Butte, Colorado. The
West is alluring, rugged, beautiful and adventurous; conveying a deep cultural
expression of life. “No other nation,” says David Murdoch, “has taken a time
and place from its past and produced a construct of the imagination equal to
America’s creation of the West.”
We still pioneer West - We did, after accomplishing such tremendous success
with our Texas magazine. Tom and I have dreamed of developing a magazine
for the West. It’s very exciting to finally see that dream a reality. And, we could
not have accomplished it without Todd’s help. Having him join our team was a
true blessing.
It’s very exciting for me, personally, to expand our print division to this beautiful
part of our country I call home. As we were producing this premier issue, I was
continually awed by the beautiful properties available for sale. It just never gets old.
At Lands of America West, we are continuing the legacy of those pioneerinspiring
publications that came before us; painting enticing pictures of
available western lands for the modern day pioneer who wants to go West.
Lauret Jarvis
Editor-in-Chief and Creative Director
Welcome to the new Lands of America magazine! What you will find in this
inaugural issue is a showcase of the finest land listings and brokers throughout
the American West, as well as informative industry related articles and insightful
market data.
With more than 15 million visitors each year, LandsofAmerica.com has become
the largest, most complete rural real estate listing service online. In addition to
the website, many of you like to stay engaged with us through our newsletters,
market reports and property alerts sent via email, and social media. Simply put,
we love land and our goal is to offer the most comprehensive set of resources
available, in print and online, to our ever growing community of land investors,
land industry professionals, and land enthusiasts.
We have been blessed with a tremendous amount of support from old friends
and new during the launch of this title, and we thank them all. Based on the input
we have received and the opportunities that have presented themselves through
the partnerships established to date, we have been encouraged to expand on
our distribution and broaden the scope of our content in future issues.
4
S u m m e r 2 0 1 4
Todd Powers
Marketing and Business Development Manager

DIRECTORY
Team
TOM ALEXANDER
Publisher
Tom@LandsofAmerica.com
(512) 861-0559
Contributors
LAURET JARVIS
Editor-in-Chief and
Creative Director
Lauret@LandsofAmerica.com
(512) 402-7275
TODD POWERS
Marketing and Business
Development Manager
Todd@LandsofAmerica.com
(512) 872-4252
LORIE WOODWARD
CANTU
Managing Editor and
Contributing Writer
Lorie@LandsofAmerica.com
(512) 868-9306
SYLVIA DANG
Project Manager
and Designer
Sylvia@LandsofAmerica.com
(512) 831-4250
BRITTANY GILLEN
Project Manager
and Designer
Brittany@LandsofAmerica.com
(512) 410-6589
RAY BROWNFIELD
LAND PRO, LLC
Ray@LandProLLC.us
(331) 999-3490
MIKE CIESIENSKY
CRYSTALCORE.NET
MikeC@CrystalCore.net
(214) 810-4051
GEORGE CLIFT
CLIFT LAND BROKERS
(806) 355-9856
George@CliftLandBrokers.com
COURTNEY DONNELL
CDonnell55@gmail.com
(512)627-2205
@canDidCourtney
BART MILLER
MASON MORSE RANCH CO
Bart@Ranchland.com
(970) 379-0218
LINDA NIEBUR
MASON MORSE RANCH CO
Linda@Ranchland.com
(719) 342-1233
CHRIS NOLT, LUTCF
Investment Advisor Rep
SOLID ROCK WEALTH MGT
Chris@SolidRockWealth.com
(406) 582-1264
TERRY PAULING
PEOPLES COMPANY
Terry@PeoplesCompany.com
(515) 961-0247
FLO SAYRE
FARMERS NATIONAL CO
FSayre@FarmersNational.com
(509) 544-8944
On-Line
JASON ADAME
Sales-Territory Manager
Jason@LandsofAmerica.com
(512) 831-4252
KELLY BAILEY
Client Support Specialist
Kelly@LandsofAmerica.com
(512) 263-5600 ext 105
NICHOLE BUECHLER
Senior Operations Manager
Nichole@LandsofAmerica.com
(512) 263-5600 ext 103
ANDREW CAMPBELL
Sales Manager
Andrew@LandsofAmerica.com
(512) 539-0831
ANTHONY CHAPPELLE
Territory Manager
Anthony@LandsofAmerica.com
(512) 539-0819
DUSTIN FREDLEY
Client Services
(512) 263-5600 ext 122
BRANNON HIGHTOWER
Software Engineer
Brannon@LandsofAmerica.com
(512) 263-5600 ext 119
JEFF NIVIN
Software Developer
JNivin@LandsofAmerica.com
(512) 263-5600
FRANK RODRIGUEZ
Partner Manager
Frank@LandsofAmerica.com
(512) 263-5600 ext 109
KAREN SETTER
Client Services
(512) 263-5600 ext 121
DANIEL SHORT
Lead Programmer
Dan@LandsofAmerica.com
(512) 263-5600 ext 104
ANDREW SHOWELL
Client Support Specialist
Andrew.Showell@LandsofAmerica.com
(512) 263-5600 ext 106
JUSTIN SIMONS
Territory Manager
Justin@LandsofAmerica.com
(512) 879-1541
NICHOLAS VRABLE
Territory Manager
Nick@LandsofAmerica.com
(512) 879-1758

From the earth we reap our bounty.
We respect our traditions
and preserve our legacy for future generations.
We are cowboys - champions of this land.
The west is our heritage. Make it yours.
CMYK VERSIONS
RON MORRIS
BILLY LONG
MATT JOHNSTON CARL LUPPENS DOUG HAYE JASON LEGLER
HAPPY BROUSSARD
HOSS PORT CHRISTY BELTON DUANE DASKAM RYAN TATSCH RICHARD PETERSON
MIKE DEER
r
855.535.0881 · RANCH MARKETING ASSOCIATES · RMABROKERS.COM
GLOBAL REPRESENTATION OF FARM AND RANCH PROPERTIES

MARKET REPORT
WHAT YOU NEED TO KNOW
WHEN SELLING A FARM OR RANCH
IF YOU ARE CONSIDERING SELLING A FARM OR RANCH, THERE ARE IMPORTANT
TAX AND FINANCIAL PLANNING ISSUES OF WHICH YOU NEED TO BE AWARE. A
SALE CAN INVOLVE SIGNIFICANT INCOME TAX CONSEQUENCES AND IMPORTANT
ESTATE PLANNING CONSIDERATIONS. ADVANCED PLANNING PRIOR TO A SALE
IS CRITICAL TO PRESERVE THE VALUE OF YOUR PROPERTY AND TO ENSURE A
SECURE FINANCIAL FUTURE FOR YOU AND YOUR FAMILY.
TEAM APPROACH
There are financial tools and tax-saving strategies you can use to preserve
wealth when selling your farm/ranch. In today’s complex financial world, you
need a plan that takes into account tax, retirement, estate and investment
planning. No single person has the expertise to effectively address each
of these areas. This is why you need to work with a team of advisors.
Besides the real estate agent you work with to sell your property, planning
for your sale may involve the services of a CPA, Estate Planning and Real
Estate Attorney, Planned Giving Specialist, 1031 Exchange Intermediary,
Investment Advisor, Commercial Real Estate Agent, Real Estate Appraiser,
and Insurance Agent. A team of advisors collaborating together on your
behalf helps maximize the effectiveness of your plan by making sure every
area is properly addressed.
LISTING YOUR PROPERTY FOR SALE
Your farm/ranch likely represents the majority of your net worth. Who you
choose to list your property with is a critically important decision. Choosing the
right ranch broker will not only help you obtain a top price for your property but
will facilitate a smooth transaction. A good real estate agent will aggressively
market your property to the right group of buyers and head off potential issues in
advance. Issues, that if not identified and dealt with in the beginning, could later
end up costing you money and stress. Selling a farm/ranch requires specific
knowledge and expertise. It is wise to work with someone who specializes in
farm and ranch sales. Someone who understands water rights, mineral rights,
environmental issues, land surveys, easements, building liability etc. They
should also know how to properly assess the agricultural and recreational value
as well as the value of your property’s intrinsic aesthetic beauty.
8
S u m m e r 2 0 1 4

A good real estate agent will help you use the most current and appropriate
marketing methods to create desirability for your property. They will aggressively
market the listing of your property with other real estate companies versus keeping
the property to themselves in hopes of collecting both the listing and buyer side
commission of the sale. Some of the things to look for when selecting an agent are
the agent experience and company track record. You want a company that is doing
a large percentage of sales in the farm and ranch market and who has a reputation
for honesty, integrity and professionalism. You want a company and agent who
are well connected with the target audience for your property. It is wise to interview
several agents when considering the sale of your property. These agents will usually
provide a free market analysis of your property and quote you a price they would list
your property for. People often list their property with the agent who quotes them
the highest selling price. This may not be the best person to work with because
listing your property too high can end up costing you time and money and may
ultimately have a negative impact your bottom line. One way to avoid this mistake
is to have an appraisal of your property prior to interviewing real estate agents.
Your appraisal should be conducted by an individual that specializes in appraising
farm/ranch land and has years of experience. By knowing what your property is
worth up front, you can base your decision of who to hire on factors besides price.
Do not show the agents your appraisal. This is something you reserve for yourself.
When you have chosen whom you are going to hire, be sure to carefully read the
entire property listing agreement prior to signing. If there is something you are
uncertain or uncomfortable with, seek the advice of an attorney. To receive a list of
questions you can use as a guide to interviewing ranch brokers as well as a list of
some recommended farm/ranch brokers, please contact me personally at (406)
582–1264 or chris@solidrockwealth.com.
TAXATION OF FARM/RANCH ASSETS
Various tax rates and tax treatment apply to the different types of assets involved
with the sale of a farm or ranch. It is imperative that you and seek direction from your
tax advisors when purchase price allocation is being negotiated.
ALLOCATION OF SALES PRICE
How you allocate the sales price to the assets of your ranch will determine the
tax you ultimately may pay. Conflict can arise when negotiating how to allocate
the sale price. You, the seller, want to pay tax at the capital gain rate because it
is currently lower than ordinary income tax rates. Conversely, the buyer wants to
allocate more of the sale price to depreciable assets. When a farm or ranch is
purchased or sold, both the buyer and seller must report to the IRS the allocation
of sales price. IRS form 8594 is titled the Asset Acquisition Statement. This form
should also be attached to the buyer and seller’s federal income tax return for
the year of the sale. Below is a list of asset categories and the type of tax owed
on each category:
BUILDINGS
• Single-Use Property — IRC Section 1245 depreciation recapture applies.
• IRC Section 1250 Property — potential depreciation recapture may apply.
EQUIPMENT
• Irrigation systems, swathers, bailers, tractors, etc. IRC Section 1245 assets.
Recapture of depreciation applies.
LIVESTOCK
• Raised livestock — breeding stock
• Cattle and horses — held greater than two years — taxed at capital
gain rates
• Other livestock — held greater than one year — taxed at capital gain rates
• There is no cost basis in raised livestock
• Purchased livestock — Breeding stock
• Cattle and horses — held greater than two years – taxed at capital gain rates
• Other livestock — held greater than one year – taxed at capital gain rates
• Cost basis is purchase price. Depreciation recapture rules apply
• Purchased or raised livestock that is held for sale
• Taxed at ordinary income rates
INVENTORY AND SUPPLIES: CROPS, FERTILIZER, ETC.
• Taxed at ordinary income rates
RANCH HOUSE
IRC Section 121 Exclusion:
• Gain does not apply to extent of any depreciation claimed after May 6, 1997.
IRC Section 121 (d)(6).
• No allocation of exclusion is required if both the residential and business
portions of the property are with the same dwelling unit, other than to the
extent the gain is attributable to depreciation after May 6, 1997.

• 121 Exclusion is not eligible for homes owned in a corporation.
BELOW IS A SUMMARY OF THE FOUR WAYS INVESTORS
MAY BE TAXED ON THE SALE OF A FARM OR RANCH:
1. Federal Ordinary Income Tax: Taxpayers will be taxed at rates up to 39.6
percent depending on taxable income.
2. Depreciation Recapture: Taxpayers will be taxed at a rate of 25 percent
on all depreciation recapture.
3. Federal Capital Gain Taxes: Investors owe Federal capital gain taxes on
the their economic gain depending upon their taxable income. Since a new
higher capital gain tax rate of 20 percent has been added to the tax code,
investors exceeding the $400,000 taxable income threshold for single filers
and married couples filing jointly with over $450,000 in taxable income will
be subject to the new higher tax rate. The previous Federal capital gain
tax rate of 15 percent remains for investors below these threshold income
amounts.
4. New Medicare Surtax Pursuant to IRC Section 1411: The Health Care
and Education Reconciliation Act of 2010 added a new 3.8 percent Medicare
Surtax on “net investment income.” This 3.8 percent Medicare surtax applies
to taxpayers with “net investment income” who exceed threshold income
amounts of $200,000 for single filers and $250,000 for married couples filing
jointly. Pursuant to IRC Section 1411, “net investment income” includes interest,
dividends, capital gains, retirement income and income from partnerships (as
well as other forms of “unearned income”).
5. State Taxes: Taxpayers must also take into account the applicable state
tax, if any, to determine their total tax owed. Some states have no state taxes
at all, while other states, like California, have a 13.3 percent top tax rate.
Montana currently has a top rate of 6.9 percent
TAX SAVING TOOLS FOR SELLING APPRECIATED OR
DEPRECIATED PROPERTY
Selling highly appreciated (or depreciated) property can result in a large tax bill.
Taxes due on the sale may range from 20 percent to over 50 percent of the sale
price depending on the cost basis of your property and how your property is
owned. Prior to listing your property, have a CPA perform a tax projection. This
will be valuable information for you when considering tax-saving strategies. Two
financial tools are commonly used to defer or avoid tax on the sale of highly
appreciated (or depreciated) property: IRC Section 1031 Exchange and IRC
Section 664 Charitable Remainder Trust (CRT). Using one or a combination
of these tools with a sale will save tax. Money that would have gone to
paying tax can then be invested to generate income for you and your family.
IRC SECTION 1031 TAX-DEFERRED EXCHANGE
The IRC Section 1031 Exchange can be a powerful tax saving and wealth
building tool. It allows a taxpayer to sell property and purchase other property
without currently recognizing capital gain tax on the sale. To quote the tax
code: “No gain or loss shall be recognized on the exchange of property held for
productive use in a trade or business or for investment purposes if such property
is exchanged solely for property of a like-kind which is to be held for either
productive use in trade or business.” There are specific rules and strict time
frames pertaining to the identification and receipt of the replacement property
for the completion of a delayed exchange.
• 45-Day Rule: The first time constraint, which must be satisfied, is for the
investor to close on the replacement property or identify in writing the potential
replacement property or properties within 45 days from the date of transfer of
the relinquished property. After the 45 day identification period has lapsed,
1031 exchange rules do not allow for the further identification of potential
replacement properties.
• Property Identification Rules: The number of potential replacement
properties identified is subject to the following rules:
• Three Property Rule: You can identify three properties regardless of value.

• 200 Percent Rule: You may identify any number of properties as long as the
aggregate fair market value of the replacement properties does not exceed
200 percent of the value of the relinquished property.
• 95 Percent Rule: You can identify any number of properties if the fair market
value of the properties actually received by the end of the exchange period
is at least 95 percent of the aggregate fair market value of all the potential
replacement properties identified.
• 180-Day Rule: The replacement property must be received and the
exchange completed no later than the earlier of 180 days after the transfer
of the relinquished property or the due date (with extensions) of the income
tax return for the year in which the exchanged property was transferred. Note
that if an exchange takes place late in the tax year, the 180 day deadline
can be later than the April 15 filing date of the tax return. If the exchange
is not complete by the filing date, the return must be put on extension to
properly extend the deadline for the full 180 days. If not put on extension,
the replacement property time period will end on the filing date of the
return. In other words, do not file your income tax return for the year in
which you do your 1031 exchange until you complete your exchange.
Be sure to seek the services of a reputable 1031 Exchange Intermediary when
considering a 1031 Exchange. For more information on 1031 Exchanges,
request Wealth Guide titled: IRC 1031 Tax-Deferred Exchange. To request a
list of reputable 1031 Exchange Intermediaries who have extensive experience
with farm and ranch exchanges, call Chris Nolt at (406) 582–1264 or email to
chris@solidrockwealth.com
IRC SECTION 664 CHARITABLE REMAINDER TRUST
A charitable remainder trust (CRT), sometimes referred to as a capital gains
avoidance trust, can be another powerful tool to defer or entirely avoid capital gain
tax on the sale of appreciated real estate. In addition to avoiding tax on the sale of
real estate, a CRT can also be used to avoid tax on the sale of other assets such
as livestock, machinery and equipment. Combining a CRT and a 1031 exchange
can be a powerful way to save tax, diversify investment assets and generate lifetime
income.
A CRT PROVIDES MANY POTENTIAL BENEFITS FOR AN
AGRICULTURAL FAMILY
• It can be used to save tax on the sale of appreciated land and on the sale of
livestock, machinery and equipment.
• The full sales proceeds can be invested which allows a family to generate
more retirement income as opposed to investing after tax proceeds from a
straight sale.
• Provides a vehicle to diversify assets for retirement income.
• It may reduce or avoid estate taxes.
• It can be used to fund a life insurance policy to equalize inheritance among
on and off-farm heirs.
• It can benefit one’s favorite church and/or charities.
• It can provide a lasting legacy for the donors.
How it works: A donor establishes a CRT and then transfers assets (e.g., real
estate, livestock and/or equipment) to the trust, removing the assets’ values
from the donor’s estate. The trust then sells the assets and, since it is a taxexempt
entity, there are no taxes due upon the sale. The proceeds from the
sale are then invested in a manner designed to provide a lifetime income for the
beneficiaries. Two sets of beneficiaries are established, the income beneficiaries
(generally the donor and his or her spouse), and the remainder beneficiaries
(the charities that will receive the principal, or “remainder”, of the trust after the
income beneficiaries die). Using a combination of a 1031 Exchange, Charitable
Remainder Trust and a direct sale for cash can often be an optimal strategy for
reducing income and estate taxes and providing diversification of investment
assets. For more information on Charitable Remainder Trusts, request Wealth
Guide titled: Charitable Remainder Trust: A Valuable Tool for the Agricultural
Family.
LIFE INSURANCE AS AN ESTATE PLANNING TOOL
Life insurance can serve many purposes for the agricultural family. Besides
providing for basic family income protection, life insurance can be purchased
to provide cash to pay estate taxes and other costs at death so your kids aren’t
forced to sell assets to come up with the necessary cash. Estate Equalization
among children is another common use of life insurance. This is most often used
when parents are passing their farm/ranch to a child working on the property
and want to be fair to other children not inheriting the farm/ranch. By purchasing
life insurance for the off-farm heirs, they can equalize inheritance. When a
Charitable Remainder Trust is used in the sale of a farm/ranch, life insurance
is often purchased with income derived from the trust to replace the assets
donated to the trust that ultimately pass to the charity or charities you name in
the CRT.
IRREVOCABLE LIFE INSURANCE TRUST (ILIT)
There are important tax implications associated with the ownership of life
insurance. The IRS states that if you have any incidents of ownership in a life
insurance policy, the proceeds will be included in your estate for estate tax
purposes. By properly owning your life insurance policy in an ILIT, proceeds
from life insurance can be received by your kids and grand kids both income and
estate tax-free. When used in conjunction with a Charitable Remainder Trust, an
ILIT is often referred to as a Wealth Replacement
Trust because it replaces the wealth passed to charity through the trust. Secondto-Die
life insurance, also referred to as Survivorship Life Insurance, is the most
common product used for these situations. This type of insurance insures two
lives under one policy with the death benefit payable upon the second death.

For more information, request our Wealth Guide titled: Life Insurance: An Estate
Planning Tool for the Agricultural Family.
REAL ESTATE COMPRISED OF MULTIPLE, SEPARATELY
DEEDED PARCELS
Farms and ranches are often composed of multiple, separately deeded parcels
with varying cost basis figures. This typically happens as additional parcels of
property are inherited or purchased over time to expand the capacity of the farm
or ranch.
If you are considering a 1031 exchange for part of the sale, a potentially effective
tax-saving strategy is to obtain separate buy-sell agreements on each parcel so
you can exchange the low-basis parcels and take cash out of the high basis
parcels.
IRC SECTION 121 PERSONAL RESIDENCE EXCLUSION
IRC Section 121 allows an individual to exclude up to $250,000 of taxable gain from
the sale of a principal residence and a married couple filing a joint return to exclude
up to $500,000 of gain. This exclusion can only be used in conjunction with real
property that has been held and used as the homeowner’s primary residence and
does not apply to second homes, vacation homes, or property that has been held
for rental, investment or use in a trade or business. Homeowners are required to
have owned and lived in the home as their primary residence for at least a combined
total of 24 months out of the last 60 months (two out of the last five years) in order
to qualify for the 121 exclusion. The 24 months does not have to be consecutive.
To maximize the amount of tax-free cash you may receive from the sale of a farm or
ranch containing the personal residence, one may include additional acreage with
the home. Make sure to discuss this strategy with your real estate agent and CPA.
OWNING FARM/RANCH REAL ESTATE INSIDE AN ENTITY
How you own your farm/ranch impacts the tax treatment and planning options
available to you.
Typical entities that own farm/ranch real estate include:
• General Corporation, also known as a “C” Corporation.
• Subchapter S Corporation
• Partnership/Limited Liability Company
RANCH OWNED IN A C CORPORATION
While most investors own real estate today in the name of an LLC,
partnership or S Corporation, there are still those who own property in a
C Corporation. A C corporation is a separate taxable entity and pays tax
on profits at the corporate level. When a C corporation sells appreciated
real estate, it will owe tax on the profit at the corporate tax rate. When
proceeds from the sale are then distributed to the shareholders as
dividends, the shareholders will also have to pay tax on this income at
their personal tax rate. Consequently, due to this double taxation, it is
possible that the total tax due from the sale of appreciated real estate in
a C corporation could easily exceed 50 percent.
C CORPORATION 1031 EXCHANGE
One way to potentially avoid this double tax consequence is for the C Corporation
to perform a 1031 exchange. While it is not normally advised to perform a 1031
exchange on the total sale value, this is one situation where it may make sense
to consider an exchange on the entire amount.
CONVERTING FROM C CORPORATION TO S CORPORATION
Under the 1986 Tax Act, personal rates were reduced and C Corporations were
permitted to convert to an S Corporations (a pass-through entity similar to a
partnership), thereby avoiding the double tax. Some C Corporation shareholders
never took the opportunity to convert and therefore remain subject to double
taxation. A potential solution to eventually avoid the double taxation on the
liquidation of real estate in a C Corporation is to convert the C Corporation to an S
Corporation. In order to become an S corporation, a C corporation must file IRS
Form 2553 with the IRS. This form must be signed by all shareholders, meaning
that each shareholder has veto power over conversion from C Corporation to S
corporation. Approval of Form 2553 by the IRS is routine (not discretionary) as
long as the corporation meets the formal eligibility requirements.
10-YEAR HOLDING PERIOD AND BUILT-IN-GAIN TAX
A holding period exists for conversions from C corporations to S corporations. This
holding period is currently 10 years. If the S corporation is liquidated prior to this
10-year holding period, a Built-In-Gains (BIG) Tax may be imposed.
This tax equals the highest corporate tax rate, currently 35 percent. BIG Tax
requires a company to measure the amount of unrecognized appreciation that
existed at the time an S election is made. The BIG tax will not apply to a newly
formed S corporation. If a prior C Corporation makes an S election, the company
needs to measure the fair market value at the effective date of the S election
as compared to the tax basis. The amount of unrecognized gain is determined
for each asset. The net of unrecognized built-in gains and built-in losses is
the company’s unrecognized built-in gain. The BIG Tax ends after the 10 th S
corporation tax year. Accordingly, you can avoid the BIG Tax if the unrecognized
built in gains are not recognized until after the 10 th year as an S corporation.
S CORPORATION
• No double taxation on sale of assets. Tax attributes on sale flow to the
individual shareholder.
• Tax results when appreciated assets are distributed out.

PARTNERSHIP/LIMITED LIABILITY COMPANY
• Tax attributes on sale of assets flow to the partnership.
• Most assets can be distributed out without resulting in taxes.
• Converting ownership from a partnership or LLC to tenants-in-common.
SALE BY A FAMILY LIMITED PARTNERSHIP/LLC
Many people own their property in an entity such as a family limited partnership or
limited liability company (LLC). These entities enable families to receive valuation
discounts for estate planning purposes. Often, interests in such entities are
gifted, using the IRC Section 2503 annual exclusion gift presently set at $14,000
per person per year, to family members. Upon a sale of limited partnershipowned
property, the net selling price will be distributed to partners based upon
their relative ownership interests. Each item of income reported on a 1065K-1
will retain its character (recapture, capital gain, etc.), and be taxed accordingly.
As most limited liability companies are taxed as limited partnerships, the above
rules will similarly apply. However, one distinction in the LLC area is that, as to
one’s membership interest, the income interest and the capital interest do not
have to be the same. For example, one’s LLC membership interest may reflect a
20 percent income interest, but only a 10 percent capital interest. In such case,
one’s share upon asset sale and distribution is governed and limited by your
capital interest.
EXCHANGING PROPERTY OWNED BY MULTIPLE PARTNERS
OR SHAREHOLDERS
Owning appreciated real estate in an entity can create problems when it
comes time to sell the property. Challenges arise if there are multiple partners/
shareholders with different goals upon sale. For example, if two people own
appreciated land in partnership and one partner would like to do a 1031
exchange and one partner would like to pay tax and take the after-tax proceeds,
there is a problem. The IRC 1031 Exchange provisions require that the entity
selling the relinquished property must be the same entity taking title to the
replacement property. So in this case, the partnership would have to do the
exchange and each partner could not do his or her own exchange. Fortunately,
there are solutions to this problem.
SOLUTION 1: DROP AND SWAP
Prior to a sale, the partnership could distribute (drop) the property out of the
partnership and each partner would take title to their ownership in the property
as Tenants-In-Common. This would allow each partner to then perform a 1031
exchange (swap) for their ownership in the property if they so desired. To comply
with IRS rules, it is important that the distribution of the property out of the
partnership take place well in advance of a sale. Please consult your CPA and/
or attorney regarding this matter.
SOLUTION 2: SWAP AND DROP
Using this strategy, the partners could each identify their own separate properties
they wish to own. The partnership would perform the exchange (swap) and at a
later date, preferably longer than one year, the partnership could distribute the
property (drop) to each partner “inkind”. Once again, consult your CPA and/or
attorney regarding the use of this strategy.
CONCLUSION
You’ve worked hard to create the value in your farm or ranch. Now it’s time to
work smart to preserve that value. Planning in advance of the sale of your farm or
ranch is critical for preserving your wealth. There can be complex financial issues
involved and if not addressed prior to a sale, you stand the chance of missing
opportunities to enhance your wealth. Working with a team of advisors who
collaborate together on your behalf will ensure all areas are properly addressed
and will help you achieve your financial goals in the most effective manner
possible. There are different tax rates that apply to various assets involved in the
sale of a farm/ranch. How you allocate the sale price to these different assets will
impact the tax you may pay. The IRC Section 1031 Exchange can be a powerful
tool for saving tax on appreciated real estate. By performing a 1031 Exchange,
you can save tax and that tax savings can be used to purchase real estate that
can provide you a monthly income for retirement and other purposes. The IRC
Section 664 Charitable Remainder Trust (CRT) is another powerful tax saving
and estate planning tool. A CRT can save you tax on not only land but on other
assets such as livestock and equipment. A CRT can also be used to invest in a
diversified portfolio of assets to provide you a lifetime income. In addition, a CRT
can potentially save estate taxes by reducing the value of your taxable estate. Life
Insurance and Irrevocable Life Insurance Trusts (ILIT) are valuable estate planning
tools. Structured properly, life insurance inside of an ILIT can ensure your children
and grandchildren will receive money that is free from income and estate taxes.
This money can be used to replace wealth given to a CRT, to prevent children from
being forced to sell assets to pay estate taxes or to equalize inheritance among
children. When selling land comprised of multiple parcels with different cost basis
figures it may be wise to obtain separate buy-sell agreements on each parcel.
This could allow you to exchange low basis parcels and take cash out of higher
basis parcels. The IRC Section 121 Personal Residence Exclusion may allow you
to receive tax-free cash from the sale of your home. Allocating additional land with
the sale of your home may allow you to increase the amount of tax-free cash you
are able to take out of the sale. Selling farm/ranch real estate owned in an entity
can present significant problems. Appreciated land owned in a C Corporation may
be subject to double taxation with combined rates exceeding 50 percent. IRC
Section 1031 Exchange rules require the entity purchasing replacement property
be the same as the entity exchanging the relinquished property. When a farm or
ranch is owned in an LLC or partnership and the partners want to go their separate
ways upon the sale, this can present a problem. Using a drop and swap or swap
and drop strategy as explained above is one way to achieve each of the partner’s
goals. If you are selling or considering selling a farm/ranch, now is the time to start
the education and planning process.
ADDITIONAL WEALTH GUIDES RELATED TO THE SALE
OF FARM OR RANCH INCLUDE:
• Financial Strategies for Selling a Farm or Ranch
• Investing Proceeds From the Sale of a Farm or Ranch
• Interview Guide for Selecting a Ranch Broker
• Charitable Remainder Trust: A Valuable Tool for the Agricultural Family
• Life Insurance: An Estate Planning Tool for the Agricultural Family
• IRC 1031 Exchange: A Powerful Tool for the Agricultural Family
To request these and other Wealth Guides, call Chris Nolt at (406) 582–1264
or email me at chris@solidrockwealth.com. For more information, visit: www.
solidrockwealth.com and www.solidrockproperty.com
Chris Nolt is the owner of Solid Rock Wealth Management, Inc. and Solid Rock Realty
Advisors, LLC, with offices in Bozeman, Montana and Fountain Hills, Arizona. Solid Rock
Wealth Management and Solid Rock Realty Advisors specialize in working with families
who are selling a farm/ranch or other business and transitioning into retirement. We help
our clients to save tax on the sale and to create passive income from sale proceeds.
We employ a comprehensive planning approach with a team of financial professionals,
which addresses retirement planning, investment planning, estate planning, tax planning,
charitable giving and risk management. Our wealth preservation strategies are designed
to help our clients reduce taxes increase retirement income and maximize the amount of
wealth they pass on to their heirs and favorite charitable organizations.
Solid Rock Wealth Management is an independent, fee-only registered investment adviser.
We offer globally diversified portfolios of no-load, low-cost institutional asset class mutual
funds and exchange traded funds. Are portfolios are diversified among as many as 15 asset
classes and market sectors and are comprised of holdings in roughly 12,000 companies
in 45 different countries. Our model portfolios range from conservative (100 percent fixed
income) to aggressive (100 percent equities) and are designed to achieve optimal returns
for your level of risk tolerance. Solid Rock Realty Advisors Solid Rock Realty Advisors assists
investors who are seeking secure income producing real estate investments. We specialize
in office buildings leased to the U.S. Federal Government and primarily work with investors
who are purchasing properties through a 1031 tax-deferred exchange. These fee-simple
real estate properties offer long-term leases guaranteed by the full faith and credit of the
U.S. government with competitive cap rates and professional property management.

L
L
L
T
c
V
L R 4 V
R
3 V
V c
S
E X
R
2
3
X
V
L
R
7
V VR
R
H
N
W
2
PV
these brands
J
trust us
K on
when it comes
o7 3 G
to buying and S
Z V
selling land.
V
J
V
W
S
9
V
V
Y
D
2
H
R
V
A
z
A
J
v
R
B S
D
J
J
www.RanchLand.com | 877.207.9700

a brand you can trust.
Mason & Morse Ranch Company specializes in the sale of working
ranches, pasture, agricultural farms, forestry timber, hunting & recreational properties
across the United States. Combined our agents offer clients more than 133 years
of experience in ranch, farm and luxury recreational land sales. Professionalism,
experience and a commitment to the client has developed Mason & Morse Ranch
Company into one of America’s leading premier land brokerage firms.
www.RanchLand.com | 877.207.9700

BROKER SPOTLIGHT
DOING THE
RIGHT THING
Interview with Joey Burns of
Lone Eagle Land Brokerage
by Courtney Donnell
16
S u m m e r 2 0 1 4

Normally, when I hear the phrase, “not to sound “preachy,” I instinctively prepare for a spackling of
judgement and supposed to’s. Today, wasn’t normal. Today, I met Joey Burns. Joey Burns sells
ranches. Big, fancy ranches to fabulous people in breathtaking locations. Joey Burns is also married
to a woman he has loved since the sixth grade, a frequent flyer for those less fortunate and a father of
five. But, more than all of those things, Joey Burns is a man of integrity, ethics and balance. He is not
“Preachy.” He is an example of someone who makes a difference, a difference because of a deal, a deal
he made with himself, a dedication to doing the right thing.
What territories do you cover?
We are a boutique ranch company in Southwest Colorado. We deal with
multi-million dollar properties that require a level of expertise that I just
can’t offer from Argentina to Canada. So, we keep our focus dedicated
to Southwest Colorado, within about 200 miles of Montrose.
So, who is buying these multi-million dollar properties in your little
niche market?
A lot of it is wealth preservation. It all kind of backs into, finding the best
place to put your money. So, land works just like bank. Also, western
Colorado is a place that many people come to because Montrose is
a real calling card. Great air service, healthcare, recreation, premium
hunting. We have spectacular scenery. Our part of the world, Montrose,
Ridgeway and Telluride, is the Estes Park of the Western Slope. People
get here and wonder, “How, can I make this my home?’
What kind of ranches do you sell, are they working ranches?
Basically, we sell working cattle ranches and hunting properties,
recreational type properties. Most of our deals are large scale deals,
over a million dollars at the lower end and it goes up from there.
In the beginning, these ranches really don’t make any sense financially.
They are more of a speculative buy, where somebody can buy something
and really enjoy it. Spectacularly beautiful, you can hunt on them, it is
just a good place to put cash. It is really an asset class. But, it is a
speculative buy, because when you buy them, they don’t really generate
large amounts of income. One of our main goals is to help buyers own
that ranch without it costing them anything. They can enjoy it. Their
family can enjoy it. And, then, when they sell it…That is when they get
the big return.
we had a custom hay business, where we actually put up hay for other
people? My whole life was in that. We had a little different business
model for farming, where we actually bought all of the hay we produced.
We had a retail hay outlet. We had a feed store. Everything I was a part
of was in the agriculture, kind of livestock business. It worked easily into
what I do now.
When and how did you get started selling ranches?
I have been selling ranches for 20 years. All in western Colorado. I grew
up in Phoenix, but had some distant relatives that lived in this area. It
was kind of in the 1994-96 era of time and I met a fellow by the name
of Ralph Walchle at a family reunion. He met me. I was always in the
Ag business. I had a business degree. I liked to talk. I like to sell things.
So, he invited me to come up and go to work with him. My wife got a
job teaching Spanish. We had no kids. We had no obligations. We had
no debt. And, here we are. It was our big adventure.
What is the best or most interesting deal you worked on?
It isn’t the deal. It is the people, the most interesting people that is what
it is. I love to ask the question of the guy buying the ranch, “How did you
get here?” Those answers are what is so amazing to me.
What is the best answer you have ever received in response to that
question, “How did you get here?”
Wow! I will tell you this, every one of them has told me the same thing.
They did what they loved. They were blessed way beyond what they
ever expected, and there was always an ounce of luck. They are people
with high integrity and they have done extraordinary things.
“Own the ranch without it costing them anything,” How does that
work?
Well, we do our best to help them own it economically. Now, it is bit of a
challenge sometimes, depending on the philosophy and the goal of the
owner. Owning the ranch is a lot different than buying the ranch. You
have to have a philosophy about how you are going to run the ranch.
Some guys don’t care. They have large staffs, they spend a great deal
of money to maintain them. Other guys want to make sure that ranch
doesn’t cost them anything and that they can enjoy it without having to
feed the ranch. We always say that when we close a deal, the work
begins. Because, we really try to help the landowners own the ranch
and find that philosophy where owning the ranch really fits them.
Were you raised in a ranching environment?
I have an agricultural background. My family was all into agriculture. Our
family business was raising alfalfa, hay and cotton in Arizona. And, then
L a n d s o f A m e r i c a W e s t . c o m
17

control,” and they are very focused on that. I am completely the opposite
of that. I believe my work speaks for itself. I believe people maintain a
relationship with me because of mutual respect and professionalism.
And because they know, I am somebody they can trust. One of the
greatest benefits I get from my work, one of the greatest rewards, is
the people that work with me in my business and my clients. I have
met some of the most wonderful people on earth and I would be pallbearer
at their funeral, if they died. It is a continued relationship and a
tremendous blessing.
What is the strangest experience you have had showing a ranch?
Oh, gosh. Well, I have been investigated twice by the FBI with people
that have come and looked at ranches. That has been interesting. But,
one of the funniest stories, that I can repeat, actually happened to my
business partner, when the lady in front of him hit a turkey. He had a
whole group of people who had never seen a turkey before. They were
so distraught and upset about the poor turkey, that they were literally
giving it CPR on the side of the road. Yep, kneeled down and blowing
in its mouth.
What have you learned is the most important aspect of selling
ranches?
You have to know your business. You have to be a professional. You
have to be learning all the time. And, you have be able to provide
something for your clients more than just, “Hey, isn’t this pretty?” I do
multi-million dollar transactions, a lot of times, they are with handshakes.
I don’t dazzle people with a lot of salesmanship. I just help them by
knowing my business and doing the right thing.
There are a lot of people out there in the real estate business who have
gone to a whole lot of strategic real estate classes. They have tried to
find a formula, “this is what you need to do as a way to maintain client
How has the market changed over the years?
Actually, when our market changed, when it got soft, we had to make
some changes. We sat down and decided that we could either go
wide and thin or deep and heavy. We didn’t want to compete with guys
from Argentina to British Colombia, so, we decided what we would to
do, was find the best resources available to become the authority in our
market. We actually started a GIS Mapping company, which allows us
to visually depict data on any ranch and layer it in a way to be useful for
multiple things. We can take any physical attribute or issue on a ranch
and display it on a map; animal hunting patterns, production of fields,
waterways, roadways, any assets that pertains to the ranch can be
documented and visually displayed.
In general, how do you feel about the industry today?
Well, let me tell you something. We are feverishly busy and working at
a record pace right now. It seems like the market has shown some life
again. There is some stability in the economy. And, right now, there is a
large push for the ranch industry. There are a lot of folks out looking right,
and I think they have seen the market hit the bottom. Now, they see it
coming back. The stock market is doing well, and people are looking
at diversifying their funds. It’s kind of like the perfect storm. The market
is back. They have recovered their money. The real estate market has
gone through a correction period, and they are able to buy at levels that
are ten years old. Just a large push to get into the ranch market, right
now,
What do you think is the greatest benefit of owning land?
It is a sustainable, inflationary, protected asset. And, it is one that you
can use, for hunting, recreation, personal enjoyment.
What is the thing in life you are most proud of?
BORN: Phoenix, Arizona
PARENTS: Charlie and Linda Burns
WIFE: Michelle Burns
CHILDREN: Brayden, Brittany, Bryce, Landen, Luke
COLLEGE: Olivet Nazarene University, Bourbonnais, IL
WHAT IS THE TITLE ON YOUR BUSINESS CARD? Owner/Broker

I know this article is supposed to be about business, but the funny thing
about it, when I think about the thing I am most proud of, very little of it
points towards real estate. I take pride in my work, but I don’t pay a whole
lot of attention to keeping score. I just do my job. The thing in life I am
most proud of… my God and my family, in that order.
There is one more thing, I am proud to have the opportunity to give back.
I mean, me and my family. We’ve been a very mission- minded family our
whole life, from a Christian standpoint. Not trying to sound preachy, but I
really felt that, as a dad of 5 kids, and the United States only representing
4% of the world, I needed to know what else was out there.
And, I feel it is my job, to share that with my kids. We are blessed. They
really have no need for anything. I want them to have a world view and
a world perspective, to know what is really out there, what other people
are really dealing with. I’ve been to Ecuador 7 times. I’ve been to Brazil.
I’ve been to Nicaragua. I chair an organization, called Samaritan Aviation,
which has the only float plane that flies into Papua New Guinea. We act
as a medical air ambulance on the Sepik River, which is just like landing
a plane in National Geographic magazine. These people have lived in
grass huts on the river for 2000 years in the same exact locations. But,
they have a real need for medical care which we provide. We base it all
on the biblical story the Good Samaritan.
I am going to raise world changers, who have a world perspective, who
help people because it is the right thing to do.
If you had to pick another career….any career…What would you
do?
I thought a lot about that question. Honest answer, I will always do
exactly what I do, because I love it, absolutely love it! If I really had to pick
something else, it would have to be something that allows me to make a
deal. I am a deal maker. That is what I do.

MEMBER SPOTLIGHT
MICHAEL J. KRAUSE
AFM, ALC | HERTZ FARM MANAGEMENT, INC | (402) 697–7500
20
S u m m e r 2 0 1 4

What are the top three
challenges facing rural
land owners today and
how would you address
those challenges?
Agriculture and the agricultural industry meet basic human needs: food, fiber and
fuel. Contributions provided by the “rural landowner” shape agriculture and the
quality of life to which we have all become accustomed. Big data, agricultural policy
and farm income are some of the largest challenges affecting rural landowners
and they will have a significant impact on the future if they are not addressed.
With the advent of new technologies, the amount of information
available to people has exploded exponentially, doubling every two
to three years. “Big Data” will continue to transform how we live,
work and think. It will be important for rural landowners to not only
understand what Big Data is, but how data is owned and controlled,
and, even more importantly, how to utilize the data to in order to
make profitable decisions for their operations.
Agricultural policy is ever-changing. It affects everything from succession
planning and the right farm entity structure to farm program sign-up
and crop insurance type. New and unknown government mandates
and regulations make it nearly impossible to plan for the future. It
will be important for the rural landowner to continually monitor policy
so that their agricultural assets are positioned to withstand changing
administrations and shifting policy priorities.
Returns for rural landowners have been generous the past five years.
U.S. land values fueled by record commodity prices have been at
an all-time high. Agricultural credit and the ability to borrow capital
have been taken for granted. Landowners should be aware this trend
will not continue into the 2014 crop year.
Following 2012’s record high commodity prices and the 2013 when
the corn supply almost doubled, farm income for 2014 will be
significantly lower because of drastically lower commodity prices.
Rural landowners will need to adjust to this change when purchasing
crop inputs, purchasing new land or setting future cash rents. Tight
breakevens will require production costs to be analyzed to ensure each
cash outlay will produce added value to the after-tax bottom line.
For rural landowners to prevail through adversity, it will be important
for them to align themselves with an American Society of Farm
Managers and Rural Appraisers industry expert, either a professional
accredited farm manager or accredited appraiser who can help
navigate the changes and overcome future challenges.
Michael J. Krause, AFM, ALC is a Vice President and the Regional
Manager of the Omaha office of Hertz Farm Management, Inc.,
overseeing operations in Nebraska and western Iowa. Mike has been
a member of ASFMRA since 1992 and received his AFM designation
in 1997. He has served at the national level as the District VI Vice
President and is currently serving as chairman of the Management
Education/Accrediting Committee.
L a n d s o f A m e r i c a W e s t . c o m
21

MEMBER SPOTLIGHT
JUSTIN P. BIERSCHWALE
ARA, MRICS, MAI | BIERSCHWALE LAND COMPANY, LLC | (325) 446–3052
22
S u m m e r 2 0 1 4

What are the top three
challenges facing rural
land owners today and
how would you address
those challenges?
Challenges facing rural landowners today vary greatly throughout the U.S.
depending upon a multitude of things including property types, state regulations
and ownership goals. To look at the challenges present in the rural land market
through a national lens is challenging in and of itself. On the broad spectrum,
I offer the following thoughts:
In many of the country’s rural areas, property’s market value has become
disconnected from the property’s income producing capabilities to
varying degrees. The difference between production value and market
value is most pronounced in the recreational ranchland market, but
even farmland has seen somewhat of a “disconnect” in recent years.
Determining the right time to transfer property has proven to be a
challenging decision for many.
In terms of long-term holdings, I feel the national economic trends
still point toward rural land as an outstanding place to hold wealth.
If I were a landowner or considering investing, I would first determine
my ultimate financial goals. If I were averse to risk, then I would hold
the ownership I have, riding the dips and peaks ever-present in the
rural land market and enjoy what I project to be a steady rise in rural
land values over time. If I was willing tolerate more risk for the sake of
growing wealth, I would pay close attention to the peaks we are seeing
in the market today, primarily in the farming ground of the Midwest.
Property management is another challenge facing rural landowners
today. In the progression of our country, citizens have become more
and more disconnected from rural property and lifestyles. Many of
the children who were raised on the farm or ranch have moved on
to urban areas to capitalize on the rewards of higher education, but
they maintained a tie with the land and grew up knowing how best
to manage it. We are now seeing the second generation raised away
from the land come of age. Their knowledge of how to manage the
land is not at the level of their parents because they spent little time
actually living from the soil.
To people who find themselves facing this situation now or in the
future, I would recommend finding a professional who has the
knowledge and the demonstrated ability to offer the most sound
management advice, truly looking after a landowner’s best interest.
While it can be difficult to see the value in paying a third party for
property management, particularly of recreational-type ranchland,
owners need to be aware that improper management can lower the
value of the land. Sometimes it costs money to maintain value.
The Midwest and other parts of the country have a history of farm
management companies. I predict we will see a similar industry grow
around ranchland in the coming years.
To piggyback on the point discussed above, absentee landowners
are constantly searching to find tenants for property. Tenants may
provide both the ability to generate some yearly cash income, but,
more importantly, can serve as a management component in the
property owner’s long-term goals. I see many landowners who seek
to maximize rental agreements with potential tenants. More often
than not, this situation leads to a large turnover year-to-year and
little regard for proper maintenance. It is often times better to find
a good quality tenant and charge rates that may be construed as
below-market in order to keep the high-quality tenant who takes
adequate care of the property in place. Trust between those utilizing
the land and those who own the land is critical in any long-term
holding situation. While the capitalistic principles of the U.S.
prompt us to maximize our income at every turn, it should be noted
that when it comes to rural property there is more to the equation
than the total dollars involved.
In 2010, Justin Bierschwale co-founded the Bierschwale Land Company
LLC with his father and brother. The company, which is a full-service
brokerage, appraisal and consulting firm, was a natural outgrowth of
Bierschwale Appraisals and is based in Junction, Texas. Justin has
lent his talents to many committees within ASFMRA and is currently
serving as the chairman for the National Education and Accreditation
Committee. He received his ARA designation in 2008.
L a n d s o f A m e r i c a W e s t . c o m
23

YOUR
TWA Protecting
Property Rights
photo by Russell Graves
WHERE IT BEGAN —
Texas Wildlife Association was founded in 1985 to fight efforts in
Austin that would’ve denied Texas landowners the opportunity to
use high fences as wildlife management tools on their properties.
THE FIGHT CONTINUES...
• To reform eminent domain laws so Texas landowners are seated at the
decision-making table, ably protecting their rights, with full access
and transparency
• To reaffirm and maintain that groundwater is a vested property right of
the landowner
• To convince courts of law that property rights must be honored
• To strengthen border security, and protect Texas landowners’ property
and way of life
• To maintain and improve landowner liability protections
• To secure more transparent and predictable process for private
landowners involved in navigable water proceedings and regulatory actions
OUR FIGHT WILL NEVER END!
Texas Wildlife Association serves Texas wildlife and its habitat, while
protecting property rights, hunting heritage, and the conservation efforts
of those who value and steward wildlife resources.
BE A PART OF OUR MISSION AND OUR SUCCESS!
WWW.TEXAS-WILDLIFE.ORG

With farmland values rising consistently over the past 10 years, and exploding in
some US regions such as the Corn Belt and Northern Plains over the past five, this
investment class has generated considerable interest, to say the least.
There is a lot of speculation about where land values go from here. Given the
diverse complexity of the factors driving these markets, we plan to feature in-depth
regional and state analysis in upcoming magazines. With this inaugural issue, we
will introduce you to some of our future contributors. We’ve asked them to provide
a general perspective of current trends and conditions in their market places.
Perspective: National
Linda Niebur — Mason Morse Ranch Company
1614 Grand Avenue
Glenwood Springs, CO 81601
719-342-1233
linda@ranchland.com
Linda is a Broker who is familiar with crop production, agricultural leases, water rights,
conservation easements and mineral rights and whose past experiences greatly enhance
her knowledge of land transaction. Her affiliations include The Colorado Association
of Realtors, The National Association of Realtors, and The Realtor Land Institute (RLI).
“The buyers in the market place in my opinion are stronger than ever.
There is more pressure from not only funds, but now private investors as
well, and don't forget about the farmers. They are staying away from the
upper Midwest as it still does not pencil at those numbers. The High Plains
area is hit or miss. This area depends on water and soils with water being
the number one factor. The Delta is still in demand; however, finding land
there is very hard. There has been in increase in demand in the Southeast.
South Carolina, Georgia and Florida offer longer growing seasons with the
capability of growing more diverse crops. The vegetable market in these
areas offers an added benefit.”
26
S u m m e r 2 0 1 4

Perspective: Upper Central Plains
Bart Miller — Mason Morse Ranch Company
2443 S. University Blvd., Suite 155
Denver, CO 80210
970-379-0218
bart@ranchland.com
Bart is Managing Broker of Mason Morse Ranch Company and one of
the firm’s principal owners, overseeing its daily business operations and
licensing. Since 1998, he has managed the company’s real estate land
sales marketing efforts helping grow the company’s reach across the United
States. He is currently licensed in Colorado, Montana, Wyoming, New
Mexico, Nebraska, South Dakota, Kansas, Oregon, Washington and North
Carolina. He is also the President the Colorado RLI Chapter and an RLI
Accredited Land Consultant.
“In the upper Central Plains region properties that have sold are showing
a modest pullback based on the current agricultural economics and the
price of commodities. These farms may not be best in class however. The
highly productive farmlands are in very high demand and in limited supply.
The values seem to be holding for this type of asset and may in some
areas still be finding a premium. Each local and regional market
has its own unique variables. Working with an RLI Land Broker
is essential in determining how to value the land’s productive
attributes accurately.”
Perspective: Pacific Northwest
Flo Sayre — Farmers National Company
3035 Rickenbacher Drive
Pasco, WA 99301
509-544-8944
fsayre@farmersnational.com
Flo is the Designated Broker Managing Broker for Farmers National Company
in the Pasco, Washington office where she serves most of eastern, central,
and southeast Washington for agricultural and investment property. She is
not limited to the local MLS, but works with other ag investment brokers to
help locate property for her clients. She holds the RLI’s Accredited
Land Consultant designation and currently serves as President of the
RLI Pacific Northwest Chapter.
“The past few years have seen
a run-up in prices for premium
farmland. We have seen land
prices emerge from $5000
± in 2006 and 2007 to reach
in excess of $10,000. That is
a doubling in about eight–10
years. Never in the history of
land sales have we seen farm
prices escalate so rapidly.
Usually a rapid price jump in
such a short period of time also
claims its victims with a fall-out;
however, this time prices seem to be holding strong and stable.
Buyers are actively courting potential sellers. The pool of qualified
buyers greatly outweighs the available properties; however, they are
“although the financial meltdown of 2008
has hit the commercial side of land sales
and values, the market is correcting itself
and we are again seeing some sales and new
commercial developments taking hold."
not settling for ‘whatever is out there.’ Buyers are being picky and have
their search parameters set to closely align any new purchase to fit right
into the existing operation. If there is a potential for large acreage tract,
investor-buyers are immediately on the scene and working to close a deal.
The primary property transactions are for working farms. These may be
irrigated or dry cropland; however, they are ‘income producing.’ Non-crop
acreage and open range land is the bottom of the wish list in the current
situation. Recreational property buyers are almost non-existent. Unlike the era
of “dot.com” income, that “pretty place” in the foothills may sit on the market
for several years until the right buyer with deep pockets comes along. Lenders
are not financing idle land and owners are reluctant to carry the contract these
days. Chapter 12 bankruptcy from the 80s is still fresh in the minds of many.
The current shortage of quality farm land will continue to maintain high
land prices. The world food supply compared to the increasing population
is becoming more apparent every
day. Beginning with the world
Olympics in Beijing, the people got
a taste of affluence from the outside
world. With affluence comes better
diet. With better diet cultures tend
to include more protein and the
protein comes from mostly pork
or poultry products. And there are
limited regions in the world that
grow adequate feed stocks for the
protein sources. If one of these
regions — Ukraine, United States,
Argentina, Brazil or Australia — has a crop failure, it puts a tremendous strain
on the world feed supply; hence the food supply is compromised either by
supply or price. As the population of the world increases there is reason to
L a n d s o f A m e r i c a W e s t . c o m
27

elieve that prices of both food and land will remain strong for an indeterminate
period of time. Couple this with world turmoil and the continued poverty, I do
not foresee much deviation in my lifetime.
Land prices for crop ground vary by location and usage. For dry cropland
in the Palouse region of eastern Washington prices will range from $2,000 to as
high as $3,500 per acre. This region has adequate rainfall for annual cropping
rather than alternate fallow years as is found further west in the Ritzville-Lind
to Prescott-Walla Walla areas. Irrigated lands in the Columbia Basin are part
of a Bureau of Reclamation water project with permanent water rights. They
may not be severed from the land, and there is a limitation of ownership for all
Bureau of Reclamation water acres. Parcels tend to run in the 100- to 160-
acre sizes, with farmers typically owning several contiguous or nearby parcels.
For lands along the Snake and Columbia Rivers, there are several larger
well or river pumping project farms. These are certificated water projects where
water transfers are available, though not common. With river and well projects,
the land is usually larger acreages (in excess of 500 acres and some as large
as several thousand acres) and not subject to acreage limitation for ownership.
When they surface for sale, it is likely that investors are the buyer for them.
The Pacific Northwest is unique in the farming game. There are over 80
different crops grown across the region and the capacity for more if there were
users for them. Everything from forage to grains, vegetables from asparagus
to zucchini, fruits from apples to wine grapes and a wide variety of nuts and
berries, are all part of the repertoire of crops. Many of the crops are either the
only state where they are grown commercially or they are number one in the
state compared to other states. Most are in the top 10 for state production.
Although the financial meltdown of 2008 has hit the commercial side
of land sales and values, the market is correcting itself and we are again
seeing some sales and new commercial developments taking hold. Foreign
buyers — many from the Pacific Rim countries — are actively searching and
purchasing properties in the western United States. Much of this is to add
the manufacturing and processing to their current holdings. Buckwheat,
for example, is a staple in their diet. Much of it is grown in the Northwest
and shipped overseas. By building the factory stateside, they eliminate the
shipping of the raw product and finish out the breakfast cereals, flours, etc., on
US soils and only send the finished product across the ocean.
Much of the commercial development land in the Northwest is held by
cities and port districts. They often subordinate or provide tax breaks and
incentives for industry to locate on their sites. This does not always translate to
higher land values, but it does increase the tax base for the community. This is
the stabilizing factor here.
Residential land and lot sales are again aggressive in the Northwest
market. Single family and multi-family construction is active. With employment
rates dropping, new jobs being created and a new sweep of qualified first-time
buyers in the market for home purchases, builders and lenders are ramping
up with new construction in both areas. The general real estate market in
the Northwest has re-awakened and is not only back where it was before
the crash in 2008, but has improved beyond that point. If I were to give an
estimate, I would have to say that, in general, real estate has gained about
10–12% over the pre-crash values. That is all real estate except pre-owned
commercial property (which is still recovering).”
Perspective: Iowa
Terry Pauling — Peoples Company
Indianola, IA
515-961-0247
terry@peoplescompany.com
Terry manages Peoples Company’s office in Indianola and is a licensed
Real Estate Broker in Iowa, Illinois and Missouri and is licensed to sell crop
insurance in the state of Iowa. He is President of the RLI Iowa Chapter, a
member of the Peoples Company Board of Directors, the Des Moines Area
Association of REALTORS®, the National Association of REALTORS®, and
the Iowa Association of REALTORS®.
“The Iowa Chapter of Realtors Land Institute has conducted a land value
survey twice each year since 1978 in order to provide its members, financial
loan officers and members of the general public an estimate of the value of
farm land around the state of Iowa.
Data that is collected in late February and late August from real estate
professionals and others in different areas of agriculture is processed to
show the estimated values of five different land classifications in nine different
sections of the state. The data is then summarized to provide an overall state
average value of those same land classifications.
The summary is compared to the previous survey summary to provide
a total percentage increase or decrease of value from that last summary.
The survey’s major use is developing an educated trend line of agricultural
land values, where those values have been and in conjunction with known
economic conditions where those values might be headed.
The spring 2014 survey indicated a slight downward trend in values over
the Fall 2013 survey, the first down market since 2009. Those decreases
were related mostly to the decreased value of commodities, namely corn and
soybeans from summer 2013 to early 2014. Values have been steady since the
report was released on March 27, partly due to the leveling off of commodity
prices, indicating that buyers of agricultural land were still optimistic for future
growth in ag revenues.”
Anyone who is interested in the summary can visit the Iowa Chapter’s
website at: www.rlifarmandranch.com/news_trends.aspx to view reports
posted since 2003.
28
S u m m e r 2 0 1 4

Perspective: Midwest
Ray Brownfield — Land Pro, LLC
2683 US 34
Oswego, IL 60543
331-999-3490
ray@landprollc.us
Ray has worked in farm management and real estate brokerage for Continental
Illinois Bank and Trust Company, First National Bank of Peoria, The Northern
Trust and Capital Agricultural Property Services, Inc. Ray served as the
President of the RLI during 2012 and holds its Accredited Land Consultant
designation, he is also Chair of RLI’s Land Education Foundation.
“Because of the Midwest drought of 2012, we saw land values spike very
rapidly due to record breaking corn prices nearing $8/bushel for corn
harvested right out of the field and delivered to the nearest grain terminal. In
addition, many farmers had a good insurance program to cover the reduced
yields, so in reality there was more expendable income than we have seen for
a long time. When farmers have excess income they catch up on machinery
purchases, usually buy a new pick up truck, maybe put up a new machine
shed, and for sure look for more land to add to their current farming operation.
Auctions have always been a good way to sell land in a demand market, and
certainly during 2013 to recently much of the land did sell by auction, and most
to farmers who were willing to competitively bid for what they wanted. It was
not unusual to see a nice Class A farm sell on auction for a low of $12,000
per acre up to $16,000 per acre. Even the lesser quality B soil farms were
bringing a premium of $9,000 to $11,000 per acre. That market has begun to
change some. We are now seeing more farms being offered by private treaty,
particularly those of less quality.
With corn prices now in the mid $4/bushel range, more market uncertainty
due to the Chinese actions regarding importing of United States GMO distiller’s
dried grains, EPA possible restrictions regarding ethanol, and what could
be a record crop, the buyers have become much more “picky,” because of
bottom line uncertainty. There still is money in the market for the right farm.
To command a premium price, the farm must be of Class A soils, mostly all
tillable, well drained, regular shaped, and preferably no buildings. We have
noticed at recent auctions even this class of soil farms may be down $500–
$1,000 per acre compared to earlier in 2013. The Class B soils may be down
even more, however they did become hyper inflated for a short period of time
due to cash demand. There has been more of a market correction with these
kinds of farms due to greater production risk factors.
However it is my belief there will always be some land market uncertainty
with corresponding market value changes. But most, if not all of us, in the land
industry believe for the long-term the purchase of land will always be a solid
investment. The USDA has predicted by 2025 the Chinese will most likely
increase their import of corn by 40 percent to feed their growing livestock
industry. That is roughly one half of our annual corn production. Whether the
United States is the sole provider of corn and soybeans to China and other
developing countries or not, we will always be a major source, thus it is most
likely we will not see a severe erosion of commodity prices, which would
directly impact land values.
Beside farmer buyers for land, we have for many years have seen
investment funds as well as individual investors purchase land. Within the last
18 months, I have noticed numbers of new funds, investment groups and
individual investors seeking land purchases. They are looking at a hold of at
least 10 years, and maybe more, because of the relatively stable Return On
Investment (ROI), and annual appreciation factor. It is not unusual to experience
a 3.6–3.8 percent net/net ROI along with an average appreciation factor of 7–8
percent and depending upon certain factors can appreciate at even a greater
rate in some years.
So all in all I see a really stable real estate market in the Midwest, with some
weakening in some areas, but I do not see a major decline and in fact would
predict a steady to moderate incline over the many years to come. To repeat
a tired but true Mark Twain statement, ‘They just ain’t makin’ any more of it.’”
Perspective: Texas Panhandle
George Clift — Clift Land Brokers
3430 I-40 West
Amarillo, TX 79102
806-355-9856
george@cliftlandbrokers.com
George is a Broker and an Accredited Land Consultant. He is licensed in
Texas, Oklahoma, Colorado, Kansas, and Nebraska and is a member of the
RLI, the National Association of Realtors, the Texas Association of Realtors,
Oklahoma Association of Realtors® and the Amarillo Association of Realtors.
George is currently serving as the 2014 President for the National RLI. George
received the Accredited Land Consultant Advanced designation in February
2014. He is only one of 19 Realtors nationwide to have received this honor.
“Our company currently services an area of 150 miles of Amarillo, Texas. For
the past two years, the drought has had a significant influence with the cattle
people and dryland farms. Without forage, the cow-calf producers were forced
to relocate or liquidate their cow herds. Land values for cattle ranches have
been stable with low activity.
Dryland farms have had very little production with the drought’s influence.
Dryland values have been stable with limited sales. The influence of USDA’s
current farm bill will focus more on Crop Insurance protection. With the past
four years of drought, the producers’ yields have suffered and the value of the
insurance protection has decreased.
The largest part of our business is irrigated farms. The value of these farms
is driven by the volume of irrigation water. Yields have been very good and
crop prices have provided very good returns to the owners and farmers. This
market is strong with sales to buyers from across America.
Banks are aggressive and have adequate capital available. Although
property taxes have increased, they are significantly cheaper than other farm
states. The region is a grain deficit area with the many cattle feedlots, dairies
and hog companies in the region.”
L a n d s o f A m e r i c a W e s t . c o m
29

Did you know that your website (or lack of one) makes more of an impression
on a potential client than your office space, your agents’ smiles, and your
“For Sale” signs? You need a good website to compete in the realty business.
Building or redesigning a website doesn’t have to be confusing or frustrating.
I’ve learned some tips during 14 years in the website business, and I’d like to
give you clarity about the pieces of the website puzzle.
This is the first of four articles that will run in Lands of Texas over the next few
issues. This first article will discuss why you need a website and what your
options are. The second article will consider the content of your website. The
third article will focus on how to get found online, otherwise known as Internet
marketing. The fourth article will give you ideas on how to combine Internet
marketing with traditional marketing to get the most bang for your promotional
buck.
WHY YOUR WEBSITE MATTERS
Websites are the new business cards.
Similar to a business card, your
website should tell potential customers
who you are, what you do, and how
they can reach you. A website done
well accomplishes even more than
that. It can also establish “likeability”
and trust. Websites create credibility.
Many of your potential customers are
searching the Internet before making
buying decisions, whether they’re
considering products or services. You
want them to find your business online.
Websites are sales tools. A well-done
website is your home base for increasing business. Give your customers a
great website they’ll be proud to send to their friends, increasing your referral
business. Drive phone calls and appointments with your website. Capture the
leads who are doing their research, and convert them to customers.
Your Customers are
Searching Online....are
they Finding your Site?
Cut the Confusion:
Website Options
You Can Understand
Internet for properties in your region. A strategic approach to Internet marketing
is key in getting the right people to your website. You need a website that
is well optimized for search engines, laying the foundation for future Internet
marketing, which will be covered in the next two articles.
WHAT ARE YOUR OPTIONS FOR A WEBSITE?
Think of website options in terms of housing options. The variables you choose
determine the cost.
OPTION ONE: PRE-DESIGNED WEBSITE
Your clients, Joe and Sharon, could buy a ready-to-move-in home. They’d
just have to paint their name on the mailbox and hang a wreath on the door to
personalize it. In the same way, you can get a professional template for your
website, add your logo, contact information, and listings, and be ready for
business. A pre-designed website is the easiest and least expensive option.
Someone has already taken care of the up-front cost of doing designs and
then resells that template multiple times. Pro: good looking site for low price.
Con: not totally customizable. This is a great option for all but the biggest
companies. For them, we would suggest getting a custom design, not a
template that could also be used by other companies.
OPTION TWO: SEMI-CUSTOM WEBSITE
Another option for Joe and Sharon is to buy a house they can finish exactly
how they want. The home is built, but they can paint the walls, put down
carpet, and add granite counter tops. This is like a semi-custom website. You
can start from a pre-designed site and then customize it. Pro: you can change
the colors and rearrange some elements. Con: just as homeowners have to
be careful about modifying walls that could be load bearing, website clients
using customized templates may not
be able to get things exactly as they
would like.
OPTION THREE: FULLY CUSTOM
WEBSITE
If Joe and Sharon know precisely what
they would like in a home, they could
hire an architect to draft blue prints
then they can build a fully custom
home. You can build a website from
scratch customized exactly how you
want. Pro: you will get the website you
want down to every detail. Con: this is
the most expensive and time consuming option. When deciding which website
option is best for you, consider your personal preferences, your budget, and
the size of brand and territory. Most real estate agencies do not need a fully
customized website that costs ten grand.
WHAT YOUR WEBSITE SHOULD DO FOR YOU
Your website should present you in a professional manner. Like curb appeal
and beautiful staging, your website should attract your customer’s positive
attention. The design of your site should convey professionalism, be up-todate,
and follow current web design practices. Your website should show your
customers how you can help them. The layout of your website should help
people find what they need easily and quickly. For example, when potential
customers go to your website to find your phone number, they should see that
right away on the home page. Don’t make them scroll or click endlessly to get
in touch with you. Your website should set you apart from your competitors.
What is the unique value proposition you can offer your customers? What
makes you different from other realtors in your market? Your website is the
best place to start showing your potential customers what makes you worth
doing business with. Your website should offer your property listings. Keep
your company in front of your potential customers by integrating property
listings into your website. You do not want potential customers going to
another website to get information about your property listings. This reinforces
your brand and your name and gives them more connections with you. The
second article will talk about this in more detail. Your website should increase
your visibility online. Your website needs to be found when people search the
30
S u m m e r 2 0 1 4
A good pre-designed site is a great starting place. Making use of pre-built
templates and listing tools can save you a lot of time and money. Plus, you will
be able to get your new website up and running in just a few weeks.
SO WHAT ARE YOU WAITING FOR?
GET STARTED ON A NEW WEBSITE TODAY!
by Mike Ciesiensky

L a n d s o f A m e r i c a W e s t . c o m
31

Thanks
Partna!
LandsofAmerica.com listings are advertised on up to 575+ relevant
websites through our unique Partner Network.

PLATINUM MEMBERSHIP $83 PER MONTH
Get exposure on up to 575 websites! Get the best land information
available for your local market and powerful tools to help you find the
perfect property. All Lands of America Platinum Sellers have access to:
5,750,000 Unique Website Visitors according to Google Analytics
Property listings advertised on up to 575+ website
Includes LandsofAmerica.com and relevant websites in our entire network
Full Access to more than 154,000 Comparable Sales
Top of LandsofAmerica.com Search Results with Company Logo
Includes LoopNet.com (basic listing) and entire LoopNet Partner Network
Includes LandandFarm.com
Home Page Member Exposure
TESTIMONIALS
“Of the four websites, that I use, approximately 70 percent of my contacts come from this site.”
- Quinn Country Properties
“What a partner! The front page presence on these websites has been extremely powerful.
I never even advertised anywhere else. Our Buyers landed on the front page of your
website, clicked on our property, and then called us to see it. I never imagined I’d have
close to seven properties sold in just three months. I would highly recommend using this
advertising method to get in front of these highly targeted Buyers.”
- Randy Lewicki, Owner of RT Legacy Property Development

MARKET REPORT
MOST ACTIVE COUNTIES
The most active counties in a state are determined by counting number of searches
performed for that county over the last seven days. Rural Real Estate industry
trend reports such as Number of Searches by County, New Properties Added Counts,
Property Counts in Search Results, and Number of Properties Marked as Sold are
available to all Premium Members.
TOP 5 PROPERTIES SOLD
The top five properties sold in a state are taken from our online Comparable Sales
Program. The properties listed below are the five highest priced properties sold
between January 1, 2014 and June 15, 2014.
ARIZONA
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Cochise $377,949.80 397.85
Yavapai $311,413.57 42.91
Apache $83,985.25 47.28
Santa Cruz $868,057.71 93.57
Maricopa $1,662,230.33 24.75
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
Long Realty Sonoita Santa Cruz 5 $354,000
Coldwell Banker Show Low Navajo 1 $227,900
J.S. Real Estate, LLC Green Valley Pima 0.02 $182,000
Canyon View Realty Williams Coconino 0.21 $179,900
Jetsource Enterprises, UBO Dolan Springs Mohave 2.5 $165,000
34
S u m m e r 2 0 1 4

CALIFORNIA
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
San Diego $1,858,507.78 85.40
Mendocino $1,586,284.09 542.43
San Luis Obispo $1,180,268 117.74
Los Angeles $483,459.60 7.36
Butte $276,485.11 67.98
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
Clark Company San Miguel Monterey 891 $6,000,000
California Land and Ranch Cottonwood Tehama 4929 $5,000,000
The Chickering Company Emigrant Gap Nevada 210 $4,900,000
Century 21 Bundesen Petaluma Sonoma 310 $3,300,00
Kefa Capital, Inc Madera Madera 2380.76 $2,750,000
COLORADO
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Park $465,181.38 105.21
Las Animas $522,209.99 685.50
Weld $1,587,749.52 374.21
Fremont $234,209.51 46.77
El Paso $711,183.12 174.99
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
United Country Bobo Realty Las Animas Bent 31,256 $17,000,000
Mason Morse Ranch Company San Luis Costilla 4,565 $13,900,000
Chas. S. Middleton and Son Kim Baca 21,752 $9,875,250
McFeeders Realty Platteville Weld 817 $9,615,357
Reck Agri Realty & Auction Flagler Kit Carson 2,984 $3,840,000
L a n d s o f A m e r i c a W e s t . c o m
35

IDAHO
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Latah $214,190.02 22.58
Idaho $416,415.26 91.96
Lemhi $417,277.39 38.42
Kootenai $515,229 33.20
Gem $385,566.67 67.22
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
United Country Musick & Sons Winchester Lewis 602 $693,000
Soleil Real Estate Sagle Bonner 20.05 $605,000
Windermere/Coeur d’Alene Realty, Inc Hayden Kootenai 0.62 $428,640
Windermere/Coeur d’Alene Realty, Inc Rathdrum Kootenai 0.22 $285,000
United Country Musick & Sons Nampa Canyon 41.44 $276,000
MONTANA
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Gallatin $1,083,962.41 74.35
Missoula $854,343.27 5480.64
Beaverhead $1,617,404.22 1541.25
Sweet Grass $1,195,776.25 480.64
Rosebud $2,836,723.81 7879.63
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
United Country - Shobe Auction & Realty Lewistown Fergus 1,191 $3.850,000
Montana - Wyoming West Ranch Brokerage Malta Phillips 6.334 $3,700,000
Landmark of Billings, Inc Boyd Carbon 164 $1,750,000
Landmark of Billings, Inc Harlowton Wheatland 2,470 $1,680,000
Realty Executives Fishtail Stillwater 200 $1,350,000
36
S u m m e r 2 0 1 4

NEVADA
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Elko $148,998.96 165.58
Pershing $103,933.33 258.04
Washoe $635,957 61.78
Nye $4,607 0.20
White Pine $4,607 71.75
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
Far West R&C Sales/Mgt Co. Reno Washoe 8.8 $810,000
Bottari Realty Ely White Pine 126 $245,000
Allie Bear Real Estate Lamoille Elko 10 $175,000
Onlinelandsales.com/Landbidz.com Elko Lander 160 $50,000
Onlinelandsales.com/Landbidz.com Winnemucca Humboldt 80 $30,000
NEW MEXICO
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Catron $598,112.56 1398.55
Taos $234,593.59 23.89
Colfax $993,795.76 462.15
Lincoln $1,246,371.80 1474.16
Union $749,455.57 1845.96
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
United Country - Vista Nueva, Inc Gladstone Union 43,780 $15,300,000
Action Realty, LLC Cliff Grant 8,503 $6,900,000
Lee, Lee & Puckitt Associates, Inc Capitan Lincoln 1,300 $6,200,000
Lippard Auctioneers Ramah Cibola 4,320 $1,972,000
Schrimsher Ranch Real Estate LLC Arabela Lincoln 1,000 $1,950,000
L a n d s o f A m e r i c a W e s t . c o m
37

OREGON
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Jackson $1,246,695.23 328.70
Klamath $315,381.05 157.87
Coos $750,630.85 37.36
Marion $1,099,900 52.07
Clackamas $505,800.20 40.08
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
Mirr Ranch Group La Grande Union 7198 $6,900,000
Mason Morse Ranch Company Wamic Wasco 1030 $3,000,000
Fay Ranches Sisters Deschutes 342 $2,520,000
Wolf NW Properties, Inc Silverton Marion 144 $1,919,209
Fay Ranches Redmond Deschutes 705 $1,900,000
UTAH
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Utah $403,433.33 16.94
Box Elder $136,307.06 485.53
Cache $605,005.13 106.52
Millard $154,375.94 130.79
Iron $105,871.85 19.06
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
Mirr Ranch Group Torrey Garfield 6970 $7,500,000
Farm & Ranch Realty Network - Pace Texas Longhorns Levan Juab 2866 $1,220,000
Mountain Valley Land LLC Park Valley Box Elder 2841 $589,000
Mountain Valley Land LLC Park Valley Box Elder 2521 $529,000
Dwell Realty Group Wellsville Cache 0.63 $245,000
38
S u m m e r 2 0 1 4

WASHINGTON
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Spokane $464,666.55 54.35
Stevens $188,793.72 23.44
Okanogan $366,434.48 30.01
Pierce $169,147.50 20.66
Lewis $166,150.72 11.80
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
The Herbrand Company Eatonville Pierce 372 $1,900,000
RE/MAX Four Seasons Elma Mason 287 $1,300,000
Booker Auction Company Sprague Whitman 430 $770,000
Coldwell Banker - Tomlinson North Colbert Spokane 5 $739,00
Windermere - Colville Kettle Falls Ferry 8.23 $450,000
WYOMING
TOP 5 MOST ACTIVE COUNTIES
COUNTY AVERAGE PRICE AVERAGE ACRES
Big Horn $432,979.57 112.25
Albany $2,149,094.59 2233.56
Converse $1,885,611.11 1031.32
Park $777,283.85 140.11
Carbon $639,552.82 2245.80
TOP 5 MOST EXPENSIVE PROPERTIES SOLD
COMPANY CITY COUNTY ACRES PRICE
Mirr Ranch Group Banner Sheridan 694 $4,900,000
Fay Ranches Cody Park 5,073 $3,900,000
Pearson Real Estate Company, Inc Esterbrook Albany 3,331 $3,360,000
Pearson Real Estate Company, Inc Powder River Natrona 10,108 $3,285,000
Clark & Associates Land Brokers Casper Natrona 167.54 $3,150,000
L a n d s o f A m e r i c a W e s t . c o m
39

INDEX
state/counties
acres
State County Acres Page No.
Arizona Maricopa 2,442 84
California Calaveras 422 65
California Colusa 12,385 64
California El Dorado 41 65
California El Dorado 553 65
California Glenn 8,184 64
California Lassen 120,000 64
California Nevada 233 65
California San Diego 140 61
California Siskiyou 336 64
California Siskiyou 5,640 60
California Yolo 80 89
California Yolo 782 89
Colorado Archuleta 35 66
Colorado Archuleta 52 68
Colorado Archuleta 100 66
Colorado Archuleta 125 67
Colorado Archuleta 158 67
Colorado Archuleta 463 67
Colorado Bill 55,893 82
Colorado Converse 55,893 82
Colorado Custer 12,505 61
Colorado Custer 55,486 42
Colorado Delta 601 63
Colorado Delta 708 75
Colorado Douglas 90 56
Colorado Eagle 137 50
Colorado Garfield 20 61
Colorado Garfield 70 53
Colorado Garfield 126 59
Colorado Garfield 464 54
Colorado Garfield 561 55
Colorado Garfield 2,293 83
Colorado Garfield 2,600 50
Colorado Gunnison 320 53
Colorado Gunnison 542 75
Colorado Gunnison 1,227 87
Colorado Hinsdale 169 66
Colorado Huerfano 325 51
Colorado Huerfano 55,486 4
Colorado Jackson 160 63
Colorado Jefferson 812 86
Colorado La Plata 1,769 60
Colorado Larimer 70 55
Colorado Larimer 1,540 57
Colorado Mesa 588 60
Colorado Moffat 20,281 63
Colorado Montrose 33 85
Colorado Montrose 758 74
Colorado Montrose 1,766 85
Colorado Montrose 1,880 75
Colorado Montrose 2,455 74
Colorado Ouray 151 75
Colorado Park 1,500 56
Colorado Pitkin 780 52
Colorado Routt 43 61
Colorado Routt 1,500 57
Colorado Routt 1,520 85
Colorado Routt 3,000 59
Colorado Routt 3,397 59
Colorado San Miguel 3,000 55
Colorado Steamboat Springs 587 58
Colorado Weld 817 62
Colorado Weston 55,893 82
Idaho Idaho 177 79
State County Acres Page No.
Idaho Idaho 2,825 69
Kansas Lyon 2,000 62
Minnesota Otter Tail 1,124 88
Montana Custer 1,060 56
Montana Deer Lodge 5,870 77
Montana Gallatin 5,665 77
Montana Lewis & Clark 635 77
Montana Lewis & Clark 678 77
Montana Lewis & Clark 3,050 76
Montana Park 2,964 76
Montana Powell 5,870 77
Montana Powell 8,688 52
Montana Powell 22,990 79
Montana Rosebud 3,424 54
Montana Silver Bow 3,000 56
Montana Sweet Grass 1,500 51
Montana Sweet Grass 10,605 78
Montana Sweet Grass 12,169 78
Montana Teton 3,050 76
Nebraska Deuel 2,086 54
New Mexico Catron 350 53
New Mexico Harding 10,000 58
New Mexico Lincoln 88 56
New Mexico Lincoln 27,000 62
New Mexico Mora 10,000 58
New Mexico Rio Arriba 18,317 54
New Mexico San Miguel 704 53
New Mexico San Miguel 1,616 46
New Mexico San Miguel 2,300 76
Oregon Crook 3,570 79
Oregon Douglas 77 51
Oregon Union 1,450 88
Oregon Union 2,500 88
South Dakota Oacoma 361 88
South Dakota Ziebach 7,510 82
Texas Blanco 603 71
Texas Kerr 297 71
Texas Mason 447 70
Texas Menard 6,248 70
Texas Morton 2,152 56
Texas Parker 146 48
Wyoming Albany 4,051 57
Wyoming Campbell 1,842 72
Wyoming Carbon 1,348 59
Wyoming Carbon 39,335 82
Wyoming Carbon 96,447 51
Wyoming Crook 99 73
Wyoming Crook 186 73
Wyoming Crook 263 72
Wyoming Crook 330 72
Wyoming Crook 758 73
Wyoming Crook 1,160 73
Wyoming Crook 2,486 72
Wyoming Jackson Hole 160 78
Wyoming Johnson 49,657 82
Wyoming Lincoln 7 80
Wyoming Park 280 80
Wyoming Park 949 62
Wyoming Park 1,246 80
Wyoming Sublette 2,778 63
Wyoming Sublette 4,850 57
Wyoming Sundance 144 88
Wyoming Teton 1 81
Wyoming Teton 8 81
Wyoming Teton 1,848 60
Acres State County Page No.
1 Wyoming Teton 81
7 Wyoming Lincoln 80
8 Wyoming Teton 81
20 Colorado Garfield 61
33 Colorado Montrose 85
35 Colorado Archuleta 66
41 California El Dorado 65
43 Colorado Routt 61
52 Colorado Archuleta 68
70 Colorado Garfield 53
70 Colorado Larimer 55
77 Oregon Douglas 51
80 California Yolo 89
88 New Mexico Lincoln 56
90 Colorado Douglas 56
99 Wyoming Crook 73
100 Colorado Archuleta 66
125 Colorado Archuleta 67
126 Colorado Garfield 59
137 Colorado Eagle 50
140 California San Diego 61
144 Wyoming Sundance 88
146 Texas Parker 48
151 Colorado Ouray 75
158 Colorado Archuleta 67
160 Colorado Jackson 63
160 Wyoming Jackson Hole 78
169 Colorado Hinsdale 66
177 Idaho Idaho 79
186 Wyoming Crook 73
233 California Nevada 65
263 Wyoming Crook 72
280 Wyoming Park 80
297 Texas Kerr 71
320 Colorado Gunnison 53
325 Colorado Huerfano 51
330 Wyoming Crook 72
336 California Siskiyou 64
350 New Mexico Catron 53
361 South Dakota Oacoma 88
422 California Calaveras 65
447 Texas Mason 70
463 Colorado Archuleta 67
464 Colorado Garfield 54
542 Colorado Gunnison 75
553 California El Dorado 65
561 Colorado Garfield 55
587 Colorado Steamboat Springs 58
588 Colorado Mesa 60
601 Colorado Delta 63
603 Texas Blanco 71
635 Montana Lewis & Clark 77
678 Montana Lewis & Clark 77
704 New Mexico San Miguel 53
708 Colorado Delta 75
758 Colorado Montrose 74
758 Wyoming Crook 73
780 Colorado Pitkin 52
782 California Yolo 89
812 Colorado Jefferson 86
817 Colorado Weld 62
949 Wyoming Park 62
1,060 Montana Custer 56
1,124 Minnesota Otter Tail 88
1,160 Wyoming Crook 73
40
S u m m e r 2 0 1 4

INDEX
acres
Acres State County Page No.
1,227 Colorado Gunnison 87
1,246 Wyoming Park 80
1,348 Wyoming Carbon 59
1,450 Oregon Union 88
1,500 Colorado Park 56
1,500 Colorado Routt 57
1,500 Montana Sweet Grass 51
1,520 Colorado Routt 85
1,540 Colorado Larimer 57
1,616 New Mexico San Miguel 46
1,766 Colorado Montrose 85
1,769 Colorado La Plata 60
1,842 Wyoming Campbell 72
1,848 Wyoming Teton 60
1,880 Colorado Montrose 75
2,000 Kansas Lyon 62
2,086 Nebraska Deuel 54
2,152 Texas Morton 56
2,293 Colorado Garfield 83
2,300 New Mexico San Miguel 76
2,442 Arizona Maricopa 84
2,455 Colorado Montrose 74
2,486 Wyoming Crook 72
2,500 Oregon Union 88
2,600 Colorado Garfield 50
2,778 Wyoming Sublette 63
2,825 Idaho Idaho 69
2,964 Montana Park 76
3,000 Colorado Routt 59
3,000 Colorado San Miguel 55
3,000 Montana Silver Bow 56
3,050 Montana Lewis & Clark 76
3,050 Montana Teton 76
3,397 Colorado Routt 59
3,424 Montana Rosebud 54
3,570 Oregon Crook 79
4,051 Wyoming Albany 57
4,850 Wyoming Sublette 57
5,640 California Siskiyou 60
5,665 Montana Gallatin 77
5,870 Montana Deer Lodge 77
5,870 Montana Powell 77
6,248 Texas Menard 70
7,510 South Dakota Ziebach 82
8,184 California Glenn 64
8,688 Montana Powell 52
10,000 New Mexico Harding 58
10,000 New Mexico Mora 58
10,605 Montana Sweet Grass 78
12,169 Montana Sweet Grass 78
12,385 California Colusa 64
12,505 Colorado Custer 61
18,317 New Mexico Rio Arriba 54
20,281 Colorado Moffat 63
22,990 Montana Powell 79
27,000 New Mexico Lincoln 62
39,335 Wyoming Carbon 82
49,657 Wyoming Johnson 82
55,486 Colorado Custer 42
55,486 Colorado Huerfano 4
55,893 Colorado Bill 82
55,893 Colorado Converse 82
55,893 Colorado Weston 82
96,447 Wyoming Carbon 51
120,000 California Lassen 64
brokers
Broker
Page No.
Arnold Realty Inc 72
Beacon Mountain Farm & Ranch 86
Bella Vie Real Estate 89
California Outdoor Properties 65
Clark & Associates Land Brokers, LLC 82
Clark Real Estate Group 48
Fay Ranches Inc 78
Galles Properties 67
Hall and Hall 85
Hayden Outdoors 62
Idaho County Properties Real Estate 69
Intermountain Realty, Inc. 88
Land Advisors Organization 84
LANDTX 70
Leadbetter Webster Land Company Inc 85
LintonBingle Associate Brokers 80
Lone Eagle Land Brokerage, Inc 74
Mason Morse Ranch Company 46, 50
Ranch Marketing Associates 42, 58
St. James Realty Group 87
United Country Real Estate | Specialty Properties 88
United Country Real Estate | Timberline Realty Inc. 83
Western United Realty, LLC 57
L a n d s o f A m e r i c a W e s t . c o m
41

COVER RANCH
Wolf Springs Ranch
42
S u m m e r 2 0 1 4
A SPORTSMAN’S PARADISE ALONG THE
EASTERN FACE OF THE CONTINENTAL DIVIDE

55,486± ACRES
HUERFANO AND CUSTER COUNTIES
COLORADO
On the market for the first time, the 55,486-deeded acre Wolf
Springs Ranch is a sportsman’s paradise outfitted with plenty
of natural resources, production capabilities, and magnificent
scenery along the eastern face of the continental divide.
Abundant water from several streams, reservoirs and springs
support a resident elk herd, plentiful mule deer and pronghorn
antelope supporting what could be a revenue-generating
hunting operation. This complete ranch with first-class
improvements operates as a bison-cattle-horse ranch with over
3,370 acres of irrigate-able water rights. This legacy ranch is just
15 miles to the Silver West jet-accessible airport and under a
two-hour drive to Colorado Springs.
L a n d s o f A m e r i c a W e s t . c o m
43

Wolf Springs Ranch is a rare find with its size, topography, resources, wildlife and scenic beauty. An operating ranch with
production qualities, Wolf Springs Ranch produces an incredible herd of American bison, quality cattle and horses. The
ranch is ideal for the sportsman and conservationist with a perfect opportunity for a Buyer to place this stewardship
ranch in a conservation easement protecting it for generations with an attractive charitable tax deduction. The ranch has
an easement with the Rocky Mountain Elk Foundation on 1,600 acres at the southwest corner of the ranch. Whether for
a family legacy ranch or sound land investment, Wolf Springs Ranch is one of those special ranches that rarely becomes
available.
Wolf Springs Ranch is being offered for sale for the first time exclusively marketed by Ranch Marketing Associates, LLC.
Price: $54,700,000, inclusive of all land, improvements, water rights and mineral rights. Ron Morris, 970.535.0881
44
S u m m e r 2 0 1 4

www.RMABrokers.com | info@rmabrokers.com
(855) 535-0881 | PO Box 160 | Johnstown, Colorado 80534
view all properties: LandsofAmerica.com/member/14243
L a n d s o f A m e r i c a W e s t . c o m
45

Pecos River Ranch Retreat
1,616.34 ± Acres | San Miguel County | New Mexico | Property ID: 1788621
The Pecos River Ranch Retreat has over 1,616.34± acres of usable and scenic land
featuring roughly a mile of the winding Pecos River and views of Rowe Mesa and
the Pecos and Rowe Valley. The northeast portion of the property borders BLM and
state land offering additional access to the Santa Fe National Forest. The land is gentle
rolling with mature piñon and juniper trees, ponds, meandering cow creek, as well as
flat grasslands and an arroyo running through the property. The property includes a
diverse set of improvements and infrastructure, offering a total of 70,000± square feet
of living and event space. The property is fully fenced, offers accessible roads, horse
stables, adobe houses, casitas, swimming pool, tennis court, commercial kitchen and
dining hall, five private wells, gravity fed water storage tanks, an air landing strip and
storage/maintenance facilities. The entire property potentially offers many uses. It could
be a sizable river ranch, or updated and used as a grand recreational retreat, educational
facility, or other commercial venture. For a number of years in its most recent incarnation,
the Pecos River Ranch Retreat served as the campus for the former Native American
Preparatory School. The school sought to provide educational opportunities in a college
preparatory environment for Native American students. Since the closure of the school,
the property has been under the careful care of an on-site property manager. The location
is only 35 minutes from downtown Santa Fe, New Mexico and is tucked away in the
expanse of New Mexico’s scenic beauty. The possibilities are unique for a variety of buyers
seeking a river ranch, fishing property, horse riding lands, recreational or commercial
asset bordering BLM and state land with over a mile of Pecos River frontage.

ABSOLUTE AUCTION – JULY 30 TH AT 1:30 PM MST
HYATT PLACE SANTA FE
4320 CERRILLOS ROAD SANTA FE, NEW MEXICO 87507
REGISTRATION REQUIRED

LAZY H RANCH
EXQUISITE CUTTING HORSE FACILITY
146± ACRES | PARKER COUNTY | TEXAS
Enjoy a rare opportunity to purchase an exquisitely designed
equestrian property located in the heart of cutting horse
country nestled amongst the finest ranches in Parker
County. Every detail of this 146±-acre ranch has been
meticulously designed and crafted. Surrounded by beautiful
pipe fenced pastures sits a magnificent, fully insulated
indoor 120’x250’ arena with eight stalls, two working pens,
vet room, XM wired sound system, mercury vapor lighting,
fly spray system, built in flag and is climate controlled
with three Big Ass fans and eight airplane hangar doors
that can be opened and closed accordingly. Just adjacent
to the arena sits an insulated 25 stall main barn equipped
with every amenity needed, including, but not limited to an
office, Nelson heated watering system, vet room, stocks,
fans, wash rack, RV hookup. This lovely barn is floored with
rubber matting throughout and beautifully landscaped as
well. The amenities do not conclude here. This ranch also
boasts an outdoor roping arena, covered panel walker, bull
pen, another 10 stall shed row barn, an insulated, 50’x25’
RV garage, shavings and hay storage barns, plenty of cattle
working and holding pens as well as a large round pen
directly behind the arena equipped with two bucking chutes
and aluminum bleachers for spectators. Your care takers
and visitors will also feel right at home as there is a duplex
located on this ranch which includes a three-bedroom,
two-bath apartment on each side equipped with a laundry
room, a one bedroom apartment in the main barn, RV pad as
well as a two-bedroom, two-bath single wide home. While
the function of this equestrian property is second to none,
it is also equipped with features that can not be seen such
as two water wells, 20,000 gallons of water storage and
four septic systems, all the while being one of the most
beautifully situated, maintained and landscaped properties
to come home to.

After a long day in the barn or in town, walking back into the
well-appointed and elegantly designed 6,175± square feet,
five-bedroom, four-and-a-half-bath home is a special treat.
No detail in this two story home has been left unattended
to. The home features a gourmet kitchen furnished with a
Wolf Range, Miele oven, two built-in Miele dishwashers,
Meile steam oven, built in Meile coffee and espresso
maker, U-line ice maker and wine cooler, double sinks with
disposals, built-in refrigerator and freezer, granite counter
tops and more. Retreat to your private master bedroom
occupying the entire second floor and be greeted with a
private balcony overlooking the gorgeous ranch. This master
bedroom has its own office and a luxurious master bathroom.
Soak your troubles away in the jacuzzi tub or steam shower
in the completely marbled bath. Back on the main floor of
the home, guests can enjoy one of two other master suites
featuring a steam shower, sauna and soaking tub. The main
floor also boasts two living areas and a candlelit formal dining
room all the while being cooled with three air conditioning
units solely for servicing the home. The entertaining does
not cease here. As you walk out the back door, you will
be greeted with remote controlled, electric screens on the
porch to welcome you to an exquisite saltwater diving pool
surrounded by luscious, automatically irrigated landscaping,
three koi ponds and an herb garden. Take a meander around
the pool to the exceptionally appointed pool house with its
own poolside bar and shower. As you walk into the pool
house, you can enjoy your private gym, an extra bedroom or
playroom, wired for satellite television for the children. To
satisfy your need for security, this estate also features a one
of a kind storm cellar that has been designed to also serve as
a wine cellar. There is a sump pump for water emergencies
as well as a propane powered generator back up for power
failures. While this lovely estate and ranch is conveniently
located to the city limits of Weatherford and Fort Worth,
you will most certainly not want to leave this one of a
kind home and facility very often. Minerals are negotiable.
Price: $4,250,000
STEPHEN REICH
FARM AND RANCH REAL ESTATE SERVICES
(817) 597–8884 | STEPHEN@CLARKREG.COM | WWW.CREGRANCH.COM
VIEW ALL PROPERTIES: LANDSOFAMERICA.COM/MEMBER/66532

Farm, Ranch & Recreational Land Sales Across the United States
Dallenbach Ranch
137± Acres | Eagle County | Colorado | Property ID: 1748130
The Dallenbach Ranch consists of 137± acres and is bordered on three sides by BLM and
state wildlife area with access to thousands of acres. The ranch has senior water rights and
over one-half mile of the Frying Pan River offering private “Gold Medal” fly-fishing along with
20 acres of irrigated meadows. Ranch improvements include a remodeled historic home along
with a garage, equipment shed, and several cabins, which have the possibility of being rented
year-round. The Dallenbach Ranch is located 30 minutes from Aspen, Colorado with plenty of
opportunity for skiing, hiking, rafting, biking and much more! Price: $14,900,000
Bear Wallow Ranch
2,600± Acres | Garfield County | Colorado
Property ID: 1141798
The Bear Wallow Ranch is situated in the mountains of Western
Colorado. It is comprised of 2,600± deeded acres with forest
service and BLM grazing leases. Positioned in a private valley west
of Glenwood Springs, Bear Wallow Ranch is a rare opportunity
to own one of the premier blocked-up and contiguous ranches
on the Continental Divide. The ranch is ideally located in one of
western Colorado’s most desirable and appealing areas. This
2,600± recreation/cattle ranch boasts quality improvements, endof-the-road
seclusion, a five-bedroom, three-and-a-half bath home,
guest house, lodge, equipment barn, hay sheds, cattle handling
facilities, senior water rights, numerous ponds, direct-private
access to public land, abundant wildlife, and excellent hunting; all
within an easy 15-minute drive to the very reliable Rifle/Garfield
County Airport. Bear Wallow Ranch offers a unique opportunity to
experience ownership of western Colorado’s great treasures, along
with an opportunity for personal, family and corporate recreation
and enjoyment. Price: $37,500,000
(877) 207–9700 | RanchLand.com | view all properties: LandsofAmerica.com/member/21675
50
S u m m e r 2 0 1 4

61 Bar Ranch
96,447± Acres | Carbon County
Wyoming | Property ID: 1458861
The 61 Bar Ranch features 96,447 acres in one contiguous
block of land situated in the Haystack Mountain Range
and along the North Platte River. The ranch offers over
five miles of North Platte River frontage, which is a source
for irrigation, blue-ribbon fishing; and opportunities to
hunt deer, elk, and antelope. Improvements include an
excellent calving/vet barn, 2,000 head permitted feedlot,
working corrals, two homes and several support buildings.
Price: $9,900,000
Sweet Grass Ranch on
the Yellowstone
1,500± Acres | Sweet Grass County
Montana | Property ID: 1712607
1,500± deeded acre ranch, which enjoys Yellowstone
River frontage and views of the Crazy Mountains
and Beartooth Range. The ranch includes irrigated
ground, dryland pasture, several developed ponds
and a large log home situated to enjoy wildlife and
mountain views. Price: $3,970,000
Windsong Ranch
325± Acres | Huerfano County
Colorado | Property ID: 1566193
The 325-acre Windsong Ranch is located
north of the Huerfano River Valley on the
southwestern slope of Green Horn Mountain.
This ranch is a rare find as it has live water,
good agricultural production, a newer residence,
hunting, fishing, and year-round recreational
activities that include hiking, horseback
riding, biking and four-wheeling. The ranch is
accessible year-round. Price: $1,750,000
Illahee Ranch
77± Acres | Douglas County | Oregon
Property ID: 1588725
The Illahee Ranch consists of 77± fenced acres of private
wilderness surrounded by thousands of acres of the Umpqua
National Forest, with luxury cabins, historical structures, and the
convenience of your own airport. This ranch is a natural habitat
for big game such as elk, deer, black bear and mountain lion
as well as nearby access to the Umpqua River known for its
steelhead and trout fishing. Access to the famous Umpqua River
and the miles of trails and wilderness provide a Shangri-La that
few people will ever experience. Tranquility and escape wait at
the paradise known as Illahee Ranch! Price: $1,998,000
L a n d s o f A m e r i c a W e s t . c o m
51

Farm, Ranch & Recreational Land Sales Across the United States
Tybar Ranch
780± Acres | Pitkin County | Colorado | Property ID: 1646348
Located in the central Rocky Mountains of Colorado, Tybar Ranch consists of 780± acres of
scenic and highly productive irrigated land. The ranch is world renowned for the development
and production of high altitude Registered Angus breeding stock, features spectacular hunting,
and offers numerous recreational opportunities. Ranch improvements include a main home,
two manager/guest apartments, an equipment shed, three hay sheds, numerous corrals and
barns that include the 22,000-square-foot Prince Creek barn with an indoor arena area
measuring 18,000 square feet. Tybar Ranch is secluded, yet close to town and includes
panoramic views of the surrounding mountain ranges and Mt. Sopris. Price: $37,500,000
Broken Circle
8,688± Acres | Powell County | Montana
Property ID: 1386147
At over 8,688± deeded acres, the Broken Circle
Ranch is one of the largest contiguous ranches
available in the Deer Lodge Valley, in scenic Western
Montana. Not only is this ranch a productive
commercial cattle operation with annual surplus
hay sales, but also a sportsman’s paradise. Miles
of the Clark Fork River wind through the ranch and
create an active riparian area supporting a large
whitetail deer population and offering abundant
fishing opportunities. The ranch is also home to an
abundance of antelope with several trophy bucks
harvested in the past few years. With excellent
cattle working facilities and several well-situated
and comfortable homes this ranch is a complete
package available for today’s discerning buyer.
Price: $15,000,000
(877) 207–9700 | RanchLand.com | view all properties: LandsofAmerica.com/member/21675
52
S u m m e r 2 0 1 4

Lazy CF Ranch
Headquarters
320± Acres | Gunnison County
Colorado | Property ID: 1511287
Tucked away within the Gunnison National Forest and on
the headwaters of West Muddy Creek, the historic Lazy
CF Ranch Headquarters represents the best of Western
Colorado. With 320 acres of mostly irrigated land, 10
spring-fed ponds one of which supports a strong trout
population and early water rights from the Twin Spruce
Ditch and 65 shares from the Ragged Mountain Water
User’s Association. This ranch combines the authentic old
west with a sportsman’s paradise, for hunting deer, elk and
bear. Price: $4,800,000
New Mexico
Horse Ranch
704± Acres | San Miguel County
New Mexico | Property ID: 1748135
The 704-acre New Mexico Horse Ranch offers
private and unique opportunities to experience
life on a working horse ranch. Originally built by a
cutting horse enthusiast, this exclusive property has
breath-taking views of the Santa Fe National Forest,
comfortable accommodations, and horseback riding
adventures abound. Price: $4,000,000
Divide Creek Farm
70± Acres | Garfield County
Colorado | Property ID: 994507
The Divide Creek Farm, a 70-acre farm and
livestock operation, is a lush and surprising
find as you drive up onto the sprawling green
bench with wide-angle views; located in the
heart of productive agricultural country south
of Silt, Colorado, and about 90-minutes
from Aspen. An area still dominated by longtime
traditional ranching families. Situated
at 6,200 feet in elevation, the location is
never lacking for sunshine and displays 360
degree panoramas of rolling pastures, hills and
mountains. Price: $1,350,000
Rainy Mesa Ranch
350± Acres | Catron County | New Mexico
Property ID: 1588721
Rainy Mesa Ranch is an end of the road location within the Gila
National Forest in western New Mexico. The 350±-acre ranch
features spectacular hunting combined with a viable ranch operation.
The area is known for trophy game animals including elk, deer, bear
and lion. The ranch is improved with five homes including an owner’s
lodge, guest home/cabins and a manager’s residence. Rainy Mesa
Ranch is largely tree covered and includes live water and water rights.
The unique feature of this ranch is that the deeded property controls
access to a large remote area of national forest with live water,
allowing for excellent hunting opportunities. Price: $3,900,000
L a n d s o f A m e r i c a W e s t . c o m
53

Farm, Ranch & Recreational Land Sales Across the United States
Lodgepole Creek Ranch
2,086± Acres | Deuel County | Nebraska | Property ID: 1748139
The Lodgepole Creek Ranch consists of 2,086 total acres and combines ranchland, dry
cropland and 480 acres of state of Nebraska grazing land. The ranch improvements include
a modernized ranch home, barn, corrals and va1808452us outbuildings. The property has
convenient access just off interchange of I-80 at Chappell, Nebraska. Price: $2,650,000
Rancho Del Oso Pardo
18,317± Acres | Rio Arriba County | New Mexico
Property ID: 1808452
An opportunity to own a fractional ownership in an extraordinary
property compromised of 18,317± of undeveloped acres with a
vast terrain that includes flowered meadows, timbered hillsides,
and sweeping vistas accessible by ranch roads and trails. Rancho
del Oso Pardo encompasses approximately 10 miles of exclusive,
private access to the Chama River plus 12 alpine lakes, offering one
of the finest fishing experiences available in the Rocky Mountains.
Also, the ranch offers luxurious lodging, professional managers, and
world-class elk hunting. Price: $1,950,000
Wyant Creek Ranch
3,424± Acres | Rosebud County | Montana | Property ID: 1489324
Wyant Creek Ranch offers 3,424± deeded acres, consisting of open range land with native
grasses, sage and forested hills. This private ranch is complete with home headquarters,
a 45’x80’ barn with shop, a full set of livestock handling facilities, all-in-one contiguous
block. An additional 640 acres of state land sits adjacent to the ranch and is available for
recreational use only, as is not currently leased by the owner of the ranch. Price: $2,687,500
Tybar Rifle Farm & Ranch
464± Acres | Garfield County | Colorado
Property ID: 1709839
Tybar Rifle Farm and Ranch is productive farmland that consists of
464± acres with a permitted 407 irrigated acres on Graham Mesa
northeast of the town of Rifle, Colorado. This area is known for
its mild seasonal climate and the ranch is relatively secluded with
grand views of nearby mesas. Price: $6,200,000
(877) 207–9700 | RanchLand.com | view all properties: LandsofAmerica.com/member/21675
54
S u m m e r 2 0 1 4

Hunt Ranch
561± Acres | Garfield County | Colorado | Property ID: 1712555
The Hunt Ranch is a 561±-acre working ranch located in the central Rocky Mountains of Colorado with substantial water rights, irrigated hay fields and pasture land,
and flat to rolling topography. This outstanding south facing property has extraordinary views of Mount Sopris and the Elk Range Mountains. Price: $6,700,000
Dry Creek Basin Ranch
3,000± Acres | San Miguel County | Colorado
Property ID: 1808005
Dry Creek Basin Ranch consists of 3,000± contiguous
deeded acres and approximately 1,700 acres of BLM
grazing permit. The land types found on the ranch
range from irrigated meadows to sage and pinion pinehills
on up to oak brush and pine forested ridges. The
ranch boasts excellent hunting and its access controls a
large area of the basin, which borders BLM and a state
wildlife area. The ranch has significant water resources
and includes basic improvements. Price: $5,400,000
Moondance Ranch
70± Acres | Larimer County | Colorado
Property ID: 1808008
The 70+ acres of Moondance Ranch sits in the foothills
of the Rocky Mountains, and is conveniently located just
minutes from Loveland and Fort Collins. Situated in a
small valley setting, the ranch has privacy, but also views
down the Buckhorn Creek Valley, distant city lights
and the back mountain ranges. The 4,000+-squarefoot
country-style ranch home is custom built and the
property includes a versatile metal agricultural building
for livestock, shop and/or hay storage, along with
corrals, loafing sheds and cross fencing for your livestock.
Price: $1,035,000
L a n d s o f A m e r i c a W e s t . c o m
55

Farm, Ranch & Recreational Land Sales Across the United States
Muster Creek Farm
1,060± Acres | Custer County | Montana | Property ID: 1637762
1,060± contiguous acres located northeast of Miles City with 645± acres irrigated
farmland, center pivots and a 4,000 head feedlot operation. This location is ideal to produce
a multitude of crops. Price: $2,900,000
Canyon Creek Guest Ranch
3,000± Acres | Silver Bow County | Montana
Property ID: 1808009
Located in scenic southwest Montana, Canyon Creek Ranch offers
an excellent opportunity to continue the stewardship of a profitable
and historic lodge. Enjoy exploring the Pioneer Mountains, Big
Hole and Beaverhead River Valleys while staying at this guest
ranch. Price: $1,300,000
Canning Bar 6 Farm
88± Acres | Lincoln County | New Mexico | Property ID: 1709838
Nestled in the mountains of central New Mexico, the Canning Bar 6 Farm is bountiful in
agriculture water, prolific clean clear mountain spring water, and manicured pastures. The
farm consists of 88 acres of flat river land and 65 acres of irrigation/sub-irrigation, which
makes the carrying capacity high and the grass rich. Price: $3,700,000
Texas Wall Farm
2,152± Acres | Morton County | Texas
Property ID: 1808474
Wall Farm in Morton, Texas is a 2,152±-acre farm. The farm
consists of red clay and loamy sand and has an extensive pipeline
that connects each sprinkler with every well, which makes this
farm one of the best in the area. This farm is very diverse in that
you can grow many different crops such as: cotton, corn, milo,
alfalfa, sunflowers, wheat, haygrazer, sorghum silage, and peanuts
or one could turn this property into a cattle grazing operation.
Price: $4,075,000
Currant Creek Pass Ranch
1,500± Acres | Park County | Colorado | Property ID: 1605321
The 1,500± acres of Currant Creek Pass Ranch is bounded by high mountain ranges,
contributing to the breathtaking vistas seen from the property. Located nine miles North
of Guffey, Colorado off of Highway 9 and bordering National Forest on three sides, the
ranch has four spring fed ponds, beautiful mature ponderosa and bristlecone pine trees,
traversable terrain and unique pockets of seclusion that still offer the famous Rocky
Mountain views. Price: $2,950,000
Noe Road Ranch
90± Acres | Douglas County | Colorado
Property ID: 1576164
Located in southern Douglas County, Colorado and just southwest of
the sleepy little town of Larkspur, one will find the 90-acre Noe Road
Ranch which provides the allure for building your dream ranch set
against a spectacular backdrop of pine covered hills, grassy meadows
and a small meandering creek. Price: $1,200,000
(877) 207–9700 | RanchLand.com | view all properties: LandsofAmerica.com/member/21675
56
S u m m e r 2 0 1 4

Slater Creek Ranch
1,500± Acres | Routt County | Colorado | Property ID: 1735580
1,500± deeded acres in Colorado. A combination of meadows, aspen, fir,
pine, gamble oak, and cottonwood. Bordering Routt National Forest for
one-and-a-half miles with exceptional wildlife habitat. Slater Creek and
tributaries offer great fishing and opportunity to expand through stream
enhancement. A newly built exceptional lodge consists of a great room,
large kitchen, four bedrooms, two bunk rooms, shop and four baths.
Original barn and caretaker’s cabin. Price: $6,500,000
Shimmerhorn Ranch
4,051± Acres | Albany County | Wyoming | Property ID: 1735576
Located just 20 miles east of Laramie, and 30 miles west of Cheyenne. With timber
pockets, rolling grasslands, numerous springs, Duck Creek and Lone Tree Creek on the
property, it is a beautifully diverse 4,051 deeded acre property. An exceptionally crafted
2,800-square-foot main home with three bedrooms and two-and-a-half baths, plus a
1,000-square-foot guest home with one bedroom and one bath. Currently, there is no
conservation easement making Shimmerhorn a great candidate in an area highly sought
after for development. Price: $3,650,000
Diamond Peak Ranch
1,540± Acres | Larimer County | Colorado | Property ID: 5901839
1,540 acres just south of the Wyoming border in Colorado. 45 miles to Ft. Collins,
Colorado and 20 miles to Laramie, Wyoming. Bordering Roosevelt National Forest,
offering privacy in a true mountain setting with large big game populations and Trail
Creek for irrigation and development of fishing reservoirs . Seller will look at offers for
smaller parcels of the property. Price: $2,930,000
Mickelson Ranch
4,850± Acres | Sublette County | Wyoming | Property ID: 1565080
4,850 deeded acres with 3,430 on the lower ranch along Middle Piney
Creek, and 1,520 on the mountain pasture with pine and aspen. North
Piney Creek runs through the ranch for about two-and-a-half miles, more
on the meander. 2,706 acres of adjudicated water rights and BLM grazing
allotments for 1,600 AUM’s. An outstanding northern Wyoming hunting and
fishing property that is also a well rounding working cattle ranch. Typical large
ranch improvements all in very good condition. Price: $7,750,000
www.RanchBrokers.com | office@ranchbrokers.com | view all properties: LandsofAmerica.com/member/10
James Rinehart/Associate Broker | (307) 745–6024
PO Box 1130 | Laramie, Wyoming 82073
Tom Grieve/Broker | (307) 383–2125
441 N. Penland St. | Baggs, Wyoming 82321
L a n d s o f A m e r i c a W e s t . c o m
57

THE WEST IS OUR HERITAGE. MAKE IT YOURS.
www.RMABrokers.com | (855) 535–0881 | info@rmabrokers.com | PO Box 160 | Johnstown, Colorado 80534
VISTA VERDE GUEST RANCH
587± Acres | Routt County | Steamboat Springs, Colorado | Property ID: 1754999
Shadowed by the rugged peaks of the snowcapped Zirkel Range, the 587-acre Vista Verde Guest Ranch has direct access to national forest and includes over
90,000 square feet of upscale improvements offering adventure, outstanding cuisine and indulgence to guests from around the world. This exclusive luxury
guest ranch is one of only three ranches in the nation awarded the prestigious AAA Four Diamond rating. Located thirty minutes north of Steamboat Springs and
convenient to the Yampa Valley Regional Airport, Vista Verde Guest Ranch is offered turn-key at $19,900,000. Christy Belton, (970) 734–7885.
RIVER CANYON RANCH
10,000± Acres | Harding & Mora Counties
Wagon Mound, New Mexico
Property ID: 1654313
River Canyon Ranch offers private full or part-time enjoyment
with modern upscale accommodations in a spectacular
canyon setting in high plains country. The ranch consists of
over 10,000 acres (6,980 deeded and 3,110 state leased
acres) and features a 3,800-square-foot main residence,
a guest house, organic fruit and vegetable garden, a large
shop, three-stall horse barn and several pastures. Ron Morris,
(970) 535–0881 and Ryan Tatsch, (719) 565–8318.
Price: $7,800,000
58
S u m m e r 2 0 1 4

RISING HEARTS EAST
126± Acres | Garfield County | New Castle, Colorado
Property ID: 1163099
126-acre premier performance horse operation conveniently located near Glenwood
Springs and close to Aspen and Vail features a new 6,814-square-foot trophy home
and a 48,000-square-foot barn and arena. This property can work for breeding,
showing or any quality horse enterprise. $4,700,000. Adjacent 130 acres are available
for $2,200,000. Billy Long, (970) 948–1333 and Mike Deer, (970) 618–3081.
SAND POINT RANCH
3,000± Acres | Routt County | Steamboat Springs, Colorado
Property ID: 1383308
Nearly 3,000-acres of mixed forests with open parks and an alpine stream traditionally
used for grazing, hay production and big game hunting. Access to national forests and
wilderness, easily accessible with airport, world-class skiing, boutique shopping, and
fine dining 30 minutes away in Steamboat Springs. Combine with adjoining property
for over 6,000 contiguous acres or can be offered in smaller parcels from $2,600,000.
Christy Belton, (970) 734–7885. Price: $12,950,000
DEER CREEK RANCH
1,348± Acres | Carbon County | Saratoga, Wyoming
Property ID: 1612780
1,348 deeded acres situated at the foot of Pennock Mountain with two
miles of Deer Creek meandering through the property. The ranch is located
near the Old Baldy Club with privacy, wildlife, scenery, water, and turnkey
improvements. An exceptional lifestyle and recreation ranch or an excellent
horse/cattle operation. Ron Morris, (970) 535–0881. Price: $2,500,000
LITTLE TROUT RANCH
3,397± Acres | Routt County | Oak Creek, Colorado
Property ID:1407943
A prime hunting ranch, this 3,397-acre property is only 20 miles south
of Steamboat Springs and one mile from Oak Creek. Little Trout Ranch
consists of high mountain grazing and recreational land with varied
topography, meadows, 100-mile vistas and plenty of cover for wildlife.
Combine with adjoining property for over 6,000 contiguous acres.
Christy Belton, (970) 734–7885. Price: $6,500,000
view all properties: LandsofAmerica.com/member/14243
L a n d s o f A m e r i c a W e s t . c o m
59

THE WEST IS OUR HERITAGE. MAKE IT YOURS.
www.RMABrokers.com | (855) 535–0881 | info@rmabrokers.com | PO Box 160 | Johnstown, Colorado 80534
LAVA LAKES RANCH
5,640± Acres | Siskiyou County | Montague, California
Property ID: 1653344
Located in the presence of 14,000 foot Mt. Shasta in northern California’s
Shasta Valley, Steven Seagal’s 5,640-acre Lava Lakes Nature Preserve is a
hidden and private paradise with a massive 14,000-square-foot square log
residence overlooking Barton Lake with imposing views of Mt. Shasta. There
is an additional 4,200-square-foot home with guest house, barns and corrals.
The ranch operates as a nature preserve and working cattle ranch supporting
200+ pairs year-round. Billy Long, (970) 948–1333. Price: $12,000,000
WALTON RANCH
1,848± Acres | Teton County | Jackson, Wyoming
Property ID: 997271
An exceptional property in an extraordinary setting, the 1,848-acre legacy ranch
abuts three miles of the legendary Snake River, is surrounded by Yellowstone
and Grand Teton National Parks and is just 10 minutes from the renowned
Jackson Hole. Ron Morris, (970) 535–0881 and Billy Long, (970) 948–1333.
Price: $48,700,000
MAHONEY RANCH
588± Acres | Mesa County | Glade Park, Colorado
Property ID: 1758933
Located in the Glade Park area high above Grand Junction, the 588-acre ranch is
surrounded by Colorado National Monument, Pinion Mesa and McInnis Canyons
National Conservation Area. Situated in a spectacular and predominately private
hunting area known for trophy bull elk, the Mahoney Ranch is a big game hunter’s
paradise with a renovated 3,900-square-foot log home. Billy Long, (970) 948–
1333 and Mike Deer, (970) 618–3081. Price: $1,495,000
INDIAN SHADOW RANCH
1,769± Acres | La Plata County | Durango, Colorado
Property ID: 1124641
1,769-acre ranch with one-and-two-thirds miles of the La Plata River running
through the property and just 12 miles from the popular town of Durango.
6,000+-square-foot main residence, guest home, manager’s home, barns, shop
and exceptional wildlife. Carl Luppens, (303) 394–1400 and Ron Morris,
(970) 535–0881. Price: $22,000,000
60
S u m m e r 2 0 1 4

BEAR RIVER RANCH
43± Acres | Routt County | Steamboat Springs, Colorado
Property ID: 1473741
With over 1,200 feet of both sides of the Yampa (Bear) River and access to over a mile of
water, the 43-acre Bear River Ranch is an outstanding angling property located just seven
miles west of Steamboat Springs. Christy Belton, (970) 734–7885. Price: $1,450,000
BOYER RANCH
12,505± Acres | Custer County | Westcliffe, Colorado
Property ID: 1172039
12,505 total acre cattle and hay production ranch rimmed by the Sangre de Cristo
Mountains just one-and-a-half hours from Colorado Springs. Well watered with
over 18 CFS of water rights, streams, ponds and wells irrigating 700 acres putting
up 1,200 tons of premium hay. Runs 900–1,000 yearling cattle. Ron Morris,
(970) 535–0881. Price: $9,000,000
BONSALL FARM
140± Acres | San Diego County | Bonsall, California
Property ID: 431563
This working ranch offers sophisticated living with easy access to San
Diego, Orange and Los Angeles counties. Consists of approximately
140 acres of citrus and avocado groves, alfalfa fields, pastures, ponds
and paddocks surrounding a charming three-bedroom, two-bath
hacienda, ancillary living quarters, barns and workshops. Billy Long,
(970) 948–1333. Price: $11,950,000
CHANEY RANCH
20± Acres | Garfield County | New Castle, Colorado
Property ID: 1735727
This 20+ acre horse lover’s property is surrounded by white panel
fencing that shows off the pastures and improvements which include
a historic brick farmhouse; classic barn with loft, vet clinic, wash rack,
stallion stall and pen; new 10-stall metal barn with turnouts; hay barn;
outdoor arena and round pen. Also on the property are a guest house
and manager’s home with office. Excellent senior water rights and
conveniently located within one hour of Aspen and Vail. Mike Deer,
(970) 618-3081. Price: $1,750,000
view all properties: LandsofAmerica.com/member/14243
L a n d s o f A m e r i c a W e s t . c o m
61

Braum’s Alfalfa Farm Auction
2,000± Acres | Lyon County | Kansas
Approximately 2,000-acres of land with 1,700± acres of newly established alfalfa
will go to Public Auction at the Bowyer Community Building in Emporia, Kansas on
August 28, 2014 at 2 p.m. CST. This farm features two new large hay barns, a new
shop building, and a three-bedroom, two-bath home with full finished basement. The
entire property is located within five miles of Emporia on good county roads. The land
offers numerous ponds and possible residential development potential. Tracts of land
will be sold in acreages from 160-acres to 480-acres at a time. Two small tracts of
8+ and 50+ acres will also be offered. Mineral rights are intact and go to the buyer.
Contact Leo Hayden, (785) 821–3683, leo@haydenoutdoors.com.
St. Vrain River Ranch
817± Acres | Weld County | Colorado
One of the last large tract sanctuaries along the I-25 corridor in Colorado, this
unique 817-acre property offers unlimited potential. Located just three-and-ahalf
miles east of I-25 on Highway 66, this property has incredible development
potential on 100± acres overlooking 650± acres of your own St. Vrain River Valley.
The property has an additional 52 acres of irrigated farm ground on the southeast
corner with Last Chance Ditch water rights. The 650 acres of river bottom includes
one-and-a-half miles of the St. Vrain River and offers some of the finest waterfowl
hunting in Colorado. The property is frequented by abundant wildlife, including deer
and turkey. Contact Seth Hayden at (970) 674–1990. Price: $9,000,000
Flying River Ranch
949± Acres | Park County | Wyoming
This 949.1-acre world class ranch has it all: hunting, a trophy trout stream,
production ground, water rights, and the perfect combination of privacy and
convenience. Located 30 miles from Cody, Wyoming, and just two miles from
the small western ranch town of Meeteetse, the ranch is part of the Greater
Yellowstone Ecosystem, and its two miles of outstanding river make the
ranch one of the most diverse in all of the United States. With 20-inch plus
fish caught on a daily basis, this is undoubtedly one of the top fisheries in the
state. To add to the diversity of this ranch, trophy white-tailed and mule deer,
elk and antelope all share the Flying River Ranch’s hay meadows as a nightly
feeding ground. This is truly a sportsman’s paradise. Contact Dax Hayden or
Bill Vacek. Price: $3,355,000
62
S u m m e r 2 0 1 4
El Capitan Land & Cattle
27,000± Acres | Lincoln County | New Mexico
El Capitan Ranch easily carries 450± pairs of cattle, and supports over 30 elk
hunts per year, at least five deer hunts, turkey, lion and grouse. The 27,000-
acre ranch is all contiguous, well watered and bordering the million acre Lincoln
National Forest and Captain Mountains Wilderness Area, with 34,000 acres
designated for horseback riding, backpacking or four-wheel drive only. This is
where Smokey the Bear was found as a cub in 1951, and Billie the Kid used this
wilderness area as a hideout. Contact Greg Liddle. Price: $13,250,000

Rio Ro Mo Ranch
Grand Mesa Ranch
601± Acres | Delta County | Colorado | Property ID: 1783238
This ranch, located westerly of Cedaredge, Colorado, is one of the best hunting ranches that I
have visited in quite some time! An “end of the road” property that is mostly surrounded by
BLM lands gives a buyer of this land a great feeling of solitude and peace of mind. Entry to
those same BLM lands surrounding this ranch makes it difficult for other hunters or people
in general to hunt in the surrounding government owned land. It appears that three small
streams dissect this property, thus attracting a great deal of wildlife. Approximately 30–40
acres have been fenced off which surrounds fields planted into alfalfa and other grasses.
Also, a decent sized pond is within this boundary. Another small pond sits just outside this
fenced in area. Ground cover is mostly pinion/juniper, oak brush and some sage brush.
With availability of water, cottonwoods also grow in abundance along these streams. The
alfalfa fields attract all of the grazing animals thus allowing for the viewing of wildlife an
easy proposition. Expansive views of the lower valley are spectacular! The entry roads are
gravel and well maintained and appear to be useful all year. You will have many interesting
adventures on and off of this secluded property. Contact Dax Hayden. Price: $1,800,000
Magnificent Seven Retreat
160± Acres | Jackson County | Colorado
The Magnificent Seven Retreat is located near Gould, Colorado and offers 160 acres
of in-holding with an 8,000-square-foot custom log home, including a 1,000-squarefoot
apartment with connecting breezeway, and a guest home. The property has seven
lakes and ponds, and over a mile of the North Fork of the Michigan river runs through
it. Both the house and apartment have spectacular views of the Craigs, Never Summer
Mountain range and an eastern view of the Rocky Mountain National Forest. The seven
lakes and ponds were designed with sustainable cold water fisheries and stocked with
native McConaughey Trout, Rainbow Trout, as well as Brown Trout, who have entered
the ranch via the river. In addition the ranch is frequented by elk, deer and moose. If you
choose to wander off the ranch there is skiing, shopping, and thousands of acres of the
great Rocky Mountains to explore. The ranch offers a truly exceptional rocky mountain
escape for one and all. Contact Seth Hayden. Price: $4,250,000
Dax Hayden/Broker
(970) 674–1990 | admin@haydenoutdoors.com
www.HaydenOutdoors.com
1204 W. Ash Street Unit A | Windsor, CO 80550
view all properties: LandsofAmerica.com/member/53961
20,281± Acres | Moffat County | Colorado
Very rarely will you find a ranch of this magnitude with 20,000+ acres
of contiguous acres. The family has had a ranching presence in Moffat
County for over 100 years, with a large portion of this ranch being
multi-generational, making improvements to the production fields,
numerous water sources, fences and roads. This gigantic ranch literally
has 85 miles of fence and approximately 34 square miles within its
fences. The numerous species of wildlife include over 32 species from
elk and deer to even one lone moose passing through. This ranch offers
numerous sources of income coming from the production ground,
cattle grazing, hunting and more. If you have ever heard that sage
grouse are becoming extinct, well it certainly isn’t true on this ranch.
Within an eight year span the owners have counted anywhere from
58 to an amazing 125 males on the lek at one time making this one
of the largest leks in the state of Colorado, also making this a prime
candidate for a conservation easement. From the lush irrigated and
sub irrigated meadows to the deep canyons with the magnificent rock
out croppings towering above the valleys below, this is truly a great
opportunity to own a large piece of the west! If you have ever heard
the term “they don’t make land any more” well it’s true they don’t so
grab it before it’s gone! Contact Lonnie Gustin. Price: $27,000,000
East Fork
2,778± Acres
Sublette County
Wyoming
This operating ranch is a unique
find! Not to often can a few
gates be all that divides the
winter from the summer range.
The East Fork drainage creates a fertile wetland of nearly three miles
of winding trout steam that bisects this ranch. Sub-irrigated meadows
line the wetland to provide ample food and fresh hay. A 2004 center
pivot with an new electric motor irrigates an additional 223 acres of
lush alfalfa which acts as a wildlife magnet. This property is protected
by the Wyoming Stock Growers Association Easement with envelopes
for additional building and improvements including home sites and an
arena. The Wyoming Game and Parks has also studied and shown
interest in enhancing and developing the stream for wildlife and
trout habitat. From an operation standpoint, all fencing and gates are
maintained and improved. Solar stock tanks have been added to the
dry pastures. All buildings and corals have been maintained or updated.
The bunk house for the hired help has been recently remodeled as well.
The 1917 farmstead home is registered with the Historic Society and
remains in excellent shape with an added new roof. This ranch offers
excellent mule deer and antelope hunting, along with upland land bird
hunting for sage grouse. Contact Bill Vacek. Price: $3,995,000
Hayden Outdoors
(970) 674–1990 | admin@haydenoutdoors.com
www.HaydenOutdoors.com
1204 W. Ash Street Unit A | Windsor, CO 80550
view all properties: LandsofAmerica.com/member/53961
L a n d s o f A m e r i c a W e s t . c o m
63

White Oak Ranch
12,385± Acres | Colusa County | California | Property ID: 1589191
12,385 acres so close to the Bay Area, 79 miles to Sacramento and 135 to
San Francisco, is rare. Two homes, runs 600 pair with excellent hunting and
miles to roam. Water for wildlife and grazing livestock is provided seasonally by
Antelope Creek and Grapevine Creek, which runs through the ranch for over 10
miles, and year round by several concrete water troughs with water provided
by a separate pump and well system located at each end of the two farmsteads.
Video available on YouTube. Contact Todd Renfrew (707) 365–5064.
Price: $9,500,000
Dixie Valley Ranch — SOLD
120,000± Acres | Lassen County | California
120,000 acres, (17,075 deeded, 30,000 BLM lease and 73,000 USFS lease).
Headquarters Ranch is in Lassen County. Excellent water rights! 3,000-squarefoot
main log cabin home, 2,400-square-foot ranch manager home, two cowboy
homes, historic old ranch home, barns, shops. Irrigates 800 acres, cuts 3,500
tons of hay, has additional 3,000 acres of irrigated and sub irrigated meadows.
Runs over 1,500 AU year round. This is a Trophy Western Cattle Ranch. Contact
Todd Renfrew (707) 365–5064. Price: $16,999,999
Triple Creek Ranch
336± Acres | Siskiyou County | California | Property ID: 1754978
Triple Creek Ranch is irrigated by riparian water rights out of Bogus Creek and
Cold Creek, plus water from Salt Creek. This beautiful 336±-acre ranch features
a 2,274-square-foot three-bedroom, two-bath home with breeze way, workshop,
carport, garage, hay barn, corrals, alley way with squeeze chute, calf table, plus a
beautiful landscaped yard with automatic sprinklers and fruit trees. Great deer and
waterfowl hunting plus bass fishing. Runs approximately 70 pair for the season.
Glen or Kathy 707.530.643.1336. Price: $2,350,000
Briscoe Creek Ranch
8,184± Acres | Glenn County | California | Property ID: 1623595
This magnificent 8,184± deeded-acre property is located in Glenn County
about five miles from Stonyford, California. The ranch has seven year-round
ponds. In the northern end of the property you have over one half mile of
Briscoe Creek, a year-round creek with trout. The headquarters has a great
barn, shop, guest cottage, and caretaker home. Runs 200 pair seasonally
or 100 pair year-round. Beautiful ranch with miles of trails for hiking,
horseback riding, hunting, and ATVing. Todd Renfrew, (707) 365-5064.
Price: $6,250,000
64
S u m m e r 2 0 1 4

Greenwood Creek Ranch
553± Acres | El Dorado County
California | Property ID: 1793935
The Greenwood Creek Ranch is one of the few large Sierra Foothill ranches left
in El Dorado County. Ideally located between San Francisco and Lake Tahoe,
this 553±-acre ranch gives you plenty of room to roam. Ranch-style home, two
large shops, hay barn, shop, caretaker residence, year-round creek, pond and
six fenced pastures for livestock make it the perfect getaway. Video available on
YouTube. Contact Todd Renfrew (707) 365–5064. Price: $3,300,000
River Ranch
Longview Ranch
422± Acres | Calaveras County | California
Beautiful 422-acre family ranch located in the California central valley
foothills with a magnificent hand-honed 6,000-square-foot open beam log
home and 5,750-square-foot cedar-sided guest house, pebbletech swimming
pool, carved rock waterfall and entertainment area, breathtaking canyon and
river views, access to thousands of acres of BLM land and the Mokelumne
River, 10 stall horse barn, 7,500-square-foot insulated steel building with
warehouse. PG&E power plus an 18 KW solar system, public water, miles
of riding trails and five nearby fishing lakes. Video available on YouTube.
Contact Steve DePalma, (530) 306–4709. Price: $4,750,000
41± Acres | El Dorado County | California | Property ID: 1728884
1,000 feet frontage on the South Fork of the American River, just east of Coloma.
Raft, fish, picnic and swim on your own private property. New hot springs Aria
hot tub overlooking Coloma Valley. Two-bedroom, two-bath open floor plan home
with hi-speed internet services. Abundant wildlife: beavers, deer, bobcat, quail, fox,
coyotes, bear, mountain lions, wild turkey, rainbow and brown trout, quail, red-tail
hawks, golden eagles. RV parking area with electric and water hookups. Video
available on YouTube. Contact Jim Copeland, (530) 626–3943. Price: $1,250,000
Hawley Ranch
233± Acres | Nevada County | California | Property ID: 1789513
Exceptional opportunity to own 233 secluded acres of beautiful property with over
two miles of Bear River frontage and only eight miles to shopping. This property
has three parcels, all with river frontage, a year-round stream, lots of grass and oaks
with multiple home sites. Fenced and cross-fenced, there is irrigation available
and ditch infrastructure in place. Currently used for cattle grazing and hunting, this
ranch would also be ideal for a vineyard, farm, horse operation or private estate.
Contact Sandy Ballou, (916) 261–8192. Price: $1,475,000
Dax Hayden/Broker
(970) 674–1990 | admin@haydenoutdoors.com
www.HaydenOutdoors.com
1204 W. Ash Street Unit A | Windsor, CO 80550
view all properties: LandsofAmerica.com/member/53961
California Outdoor Properties
(707) 455–4444 | info@caoutdoorproperties.com
Over 170 listings at www.CaliforniaOutdoorProperties.com
707 Merchant Street, Ste 100 | Vacaville, California 95688
view all properties: LandsofAmerica.com/member/8876
L a n d s o f A m e r i c a W e s t . c o m
65

LEADERS IN SOUTHWEST COLORADO RANCH PROPERTIES
www.SWRanchProperties.com
PIEDRA FORKS RIVER RANCH
169± Acres | Hinsdale County | Colorado | Property ID: 1762565
Spectacular Fly Fishing Ranch! Nestled on 169 acres in the Upper Piedra river valley, Piedra Forks River Ranch offers one-and-a-half-miles of East Fork Piedra
River frontage and one mile of the Middle Fork Piedra River. With varied terrain, the property boasts a large pond, a nationally acclaimed exquisite main log home,
a two-bedroom guest home and a 544-square-foot log cabin. A separate one-bedroom log fishing cabin is adjacent to the river. All furnishings, as well as a Snowcat
and two snowmobiles are included in the purchase price. Very rarely do majestic views, abundant water and magnificent improvements wind together as they do
on this very special ranch. Juli Morelock, (970) 946–2137, Juli@GallesProperties.com or Steve Crow, (970) 946–2134, SteveCrow@GallesProperties.com.
Price: $6,595,000
HIDDEN VALLEY RANCH RETREAT
100± Acres | Archuleta County | Colorado | Property ID: 1521846
This exquisite handcrafted full round log home sits on nearly 100 private acres in
Hidden Valley Ranch with a pond and creek running through the property, barn,
trails and tremendous diversity in the trees and landscape. The 3,657-squarefoot
home features four bedrooms and three baths with over 1,900 square feet
of covered outdoor living environments around the house. Design features
include 100-year-old reclaimed tobacco warehouse wood flooring with in-floor
radiant heat, a vintage kitchen with a Wolf commercial range, two antique
Hoosier cabinets and antique cast-iron sink. Enjoy views of both the North and
East range of the San Juan Mountains through the mature Ponderosa Pine.
Separate 48’x84’ barn/garage/workshop. Offered at $2,695,000. (Option
to purchase the home on 62.63 acres is also available for $1,995,000).
Juli Morelock, (970) 946–2137, Juli@GallesProperties.com.
ROCKIN’ R RANCH
35± Acres | Archuleta County | Colorado | Property ID: 1103858
A 35-acre horseman’s paradise, the Rockin’ R features a 4,897-square-foot
Western-style home, a 5,000-square-foot eight-stall barn with a lounge area,
tack room, hay storage, supply room and wash room and a custom 25×60 sixbay
equipment barn, two 12×24 loafing sheds with water and power, two large
paddocks with Cameo fencing, an outdoor 132x208 riding arena and a 60’
round pen inspired by The Horse Whisperer. Steve Crow, (970) 946–2134,
SteveCrow@GallesProperties.com. Price: $1,195,000
66
S u m m e r 2 0 1 4

LEADERS IN SOUTHWEST COLORADO RANCH PROPERTIES
www.SWRanchProperties.com
POWDER KEG
RANCH
463± Acres | Archuleta County
Colorado | Property ID: 668557
The Rito Blanco River runs through the
Southeast corner of this magnificent
463+ acre ranch adjoining the San
Juan National Forest on three sides
with stately mountain views, sprawling
lush high mountain meadows and
100 percent gentle usable terrain
forested with ponderosa pine, aspen,
fir, spruce and gamble oak. Abundant
wildlife, trophy hunting, all season
recreation. There are no restrictions
on this property and it can be
subdivided. An easy drive to the resort town of Pagosa Springs, this is truly a rare find.
Lindy Moore, (970) 749–5062, Lindy@GallesProperties.com. Price: $2,990,000
MCNULTY
RANCH
158± Acres
Archuleta County
Colorado
Property ID: 1534099
Nestled on 158.54 acres
that border 295 acres
of National Forest, the
McNulty Ranch offers a full round 2,805-square-foot log home, separate
1,319-square-foot guest quarters, two ponds, a barn, riding arena,
6.875 shares of water rights and magnificent mountain views. Close to
town yet very private, the property has new perimeter fencing and cross
fencing. The 4,440-square-foot, nine-stall barn features an auto-water
system, good hay storage, wash stall and water heater. Lindy Moore,
(970) 749–5062, Lindy@GallesProperties.com. Price: $2,650,000
BEAVER CANYON
RANCH
125± Acres
Archuleta County | Colorado
Property ID: 1735117 & 1735110
Enjoy ranch living with live water, irrigated
pasture, water rights, barn, shop and
spacious home on 125.16 acres. The
3,500-square-foot home features three
bedrooms, a large open Kitchen and a twocar
garage and overlooks Martinez Creek and 10 lush irrigated acres. The horse barn/
stable offers a heated tack room, and the 2,400 square foot heated shop has covered
overhanging roofs on each side for extra storage. Option to purchase the home,
barn and shop on 47.38 acres for $695,000. Lindy Moore, (970) 749–5062,
Lindy@GallesProperties.com. Price: $895,000
414 Pagosa Street | Pagosa Springs, Colorado 81147 | Land@GallesProperties.com | View All Properties: LandsofAmerica.com/member/18170
L a n d s o f A m e r i c a W e s t . c o m
67

LEADERS IN SOUTHWEST COLORADO RANCH PROPERTIES
www.SWRanchProperties.com
HIDDEN VALLEY MOUNTAIN ESTATE
52± Acres | Archuleta County | Colorado | Property ID: 1788936
This coveted 52-acre estate in Pagosa Springs lies tucked in among towering
ponderosa pines and stands sentinel above Hidden Valley Lake amid expansive
Colorado Rocky Mountain views that will take your breath away. The estate’s inspired
hilltop residences, featuring all-timber frame and accented with native rock, are built in
harmony with the natural beauty of the forested setting, and include a 5,067-squarefoot,
three-bedroom, three-and-a-half-bath main home, a 2,365-square-foot, twobedroom,
two-bath guest home and a caretaker’s studio apartment located above a
separate three-car garage. The well-planned design of this spectacular jewel maximizes
indoor and outdoor living with large gathering places as well as intimate rooms, making
this estate equally suited to becoming your primary residence or second-home retreat.
Juli Morelock, (970) 946–2137, Juli@GallesProperties.com and Lindy Moore,
(970) 749–5062, Lindy@GallesProperties.com. Price: $5,995,000
68
S u m m e r 2 0 1 4

Carr Cattle Ranch
2,825± Acres | Idaho County | Idaho | Property ID: 1437686
This ranch is incredible! The 2,825-acre ranch includes a three-bedroom, threebath
home on a full basement with a new roof, windows and paint. The ranch runs
175–200 cow calf pairs plus 50 yearlings and is leased out on an annual basis.
The ranch has three barns, three hay sheds, a shop with two sliding doors, one man
door and a lean-to. There are approximately 320 acres hay ground, a possibility of
approximately 450 acres of tillable ground and a minimum of one million board feet
of marketable timber. The ranch offers beautiful mountain and river views, creeks,
springs, many year-round ponds, an awesome waterfall, numerous home sites and
two private wells. Wild and homestead fruit trees and berries: blackberries, wild
raspberries, cherries, plums, elderberries and more. The property borders state land
which borders National Forest land. Elk, deer, turkey, and grouse abound. Bear,
cougar and an occasional
moose can be seen as well.
Taxes on the ranch are
estimated to be $5,301
per year. The elevation is
approximately from 1,500–
3,000 feet. In addition to all
this, the ranch also includes
Forest Service approved
building lots overlooking
the wild and scenic middle
fork of the Clearwater River!
Price: $3,600,000
Rob McHone | (208) 926–0075 | rob@idahocountry.net | 112 N. Main | Kooskia, Idaho 83539
www.MyIdahoCountry.com | view all properties: LandsofAmerica.com/member/63935
L a n d s o f A m e r i c a W e s t . c o m
69

David E. Culver - Broker | dec@landtx.com
(210) 422–4676 | (830) 997–8616
view all properties: LandsofTexas.com/member/3373
El Quemadura Ranch
6,248± Acres | Menard County | Texas | Property ID: 1720772
6,248 high fenced acres on the prized San Saba River, from hours from Austin or San Antonio,
features improved whitetail deer herd, irrigation, minerals, solid infrastructure and great combo
of hills/plains/draws/hardwoods. Co-listed with David Faust, KW Farm and Ranch. (512) 940–3300,
diamondfranch@hotmail.com. Price: $14,214,200
River Canyon Ranch
447± Acres | Mason County | Texas | Property ID: 1166605
447 rugged, unimproved acres in prized Mason County on the awesome, spring-fed
Llano River with ochre cliffs, wildlife, monster pecan trees and scenic hills. Ranch holds
an entire drainage system within its border, offering exquisite privacy and seclusion,
including a stunning homesite overlooking the wild river below. Price: $2,458,500
www.LandTX.com
70
S u m m e r 2 0 1 4

Majic Springs Ranch
603± Acres | Blanco County | Texas
603 acres of refinement includes live water, scenic canyons,
beautiful improvements and splendid location one hour or
less from Austin or San Antonio. Miller Creek with deep
swimming hole and dripping limestone cliffs is centerpiece
with nice lodges perched on cliffs overlooking creek and
pecan bottom. Price: $7,650,000
Spring Lake Ranch
297± Acres | Kerr County | Texas
Property ID: 1729735
297 acres near Kerrville, less than two hours from Austin or
San Antonio, features one of the finest constant level lakes in
the area, fed by owned springs averaging 50 GPM flow. Typical
Hill Country includes views, hardwoods, wildlife and comfortable
lodge on the water’s edge, with bulkheads along the shoreline.
Price: $3,118,500
405 W Live Oak | Fredericksburg, Texas 78624
L a n d s o f T e x a s M a g a z i n e . c o m
71

Sawmill Gulch Ranch
330± Acres | Crook County | Wyoming
Property ID: 1755370
Remarkable Black Hills setting on 330 acres in the hills north of Devil’s Tower. The property is about four miles cross country from the tower with picturesque
scenery and panoramic views. Situated along Sawmill Gulch and Storm Hill, the land offers a variety of terrain with open meadows, a seasonal creek, and the
obscure alcoves of Sawmill Gulch, which give way to steep timbered hillsides and high plateaus with outstanding views. Pine, bur oak, and cottonwood cover
the countryside with many others native shrubs completing this striking scene. A good trail system provides access to the canyon areas and higher elevations.
A distinctive offering in an extraordinary Black Hills landscape near Devil’s Tower with outstanding views and privacy. Price: $594,000.
Hensley Butte Ranch
1,842± Acres | Campbell County | Wyoming | Property ID: 1589657
1,842 deeded acres in the rolling hills north of Gillette about 20 miles.
The ranch has good access, with the main entrance being only a half mile
from a paved highway. The property is contiguous and cross-fenced into
five pastures. Livestock water is provided by a water well with a pipeline
that feeds several tanks throughout the property plus two windmills, five
reservoirs and Jamison Creek, which is seasonal. Currently the owners lease
out the ranch for summer grazing. At an elevation from 4,100–4,600 feet,
the property consists of rolling grasslands, interesting buttes and some deep
draws. The topography and vegetation on the ranch and in the surrounding
area provide habitat for mule deer and antelope. A good grass ranch within
an easy drive of Gillette. Price: $1,382,000
263± Acres | Crook County | Wyoming | Property ID: 1668829
Private Black Hills setting with 263 acres between Sundance and Devil’s Tower with
awesome views and a great set of buildings. Custom brick home built with comfort
and low-maintenance living in mind. A three level home with an open design offering
three bedrooms and four bathrooms. Dream kitchen with cherry cabinets, center
island, walk-in pantry. Sunny breakfast area, spacious living room with a cozy wood
stove, formal dining room, four season sun room, TV room, huge recreation room.
Many extras including hardwood floors, jetted tub, tile showers, French doors, lots of
storage, backup generator. Insulated workshop attached to a 48’x96’ equipment shop,
also has an open front shed. Exceptional quality throughout the property in a pristine
setting with end of the road privacy, and picturesque scenery. Price: $2,385,000.
Wonder View Ranch
2,486± Acres | Crook County | Wyoming | Property ID: 123312
An amazing Black Hills setting with 2,486 deeded acres and a 200 acre
State lease, this property is situated between Sundance and Devils Tower with
highway frontage. The incredible wildlife habitat offers a good feed base, natural
water holes and plentiful cover. Elk, whitetail deer, and merriam turkey in the
area. Varied terrain with high plateaus offering 360-degree view top of the
world views. Deep draws, rolling hay meadows, secluded canyons and steep hills
with pine, oak and cedar trees make the landscape truly an inspirational scene.
The recreational possibilities are limitless. Price: $5,750,000
Piney Meadows Ranch
72
S u m m e r 2 0 1 4

Thorn Divide Retreat
99± Acres | Crook County | Wyoming | Property ID: 1544307
Scenic Black Hills setting on the way to Devils Tower. 99-acres with
a custom home tucked into a pine tree alcove that provides natural
privacy. Includes about 32-acres of hay meadows with the balance
being native pasture and a timbered canyon with an intermittent creek.
The spacious 3,100-square-foot home was designed for entertaining
and includes three-bedrooms and two-and-a-half baths. Granite
counter tops, hardwood floor, stone fireplace, formal dining room, office
with sitting area, four season enclosed sun room, extensive decking.
Attached two-car garage, 24’x31’ pole barn and 30’x70’ shop with
cement floor. Quality and comfort throughout! Price: $710,000
Elk Run Ranch
758± Acres | Crook County | Wyoming | Property ID: 1453389
Picturesque Black Hills property in the hills northeast of Aladdin with
year-round access. 758-acres on Norgrain Hill with sweeping plateaus,
panoramic views, and bordering state land. The landscape includes hidden
draws with rock outcroppings, wooded hills with pine and bur oak trees,
grass hay fields and secluded meadows. Good wildlife cover with elk, deer
and turkey in the area. The scenery and views from this exceptional property
are breathtaking. Price: $1,330,000.
186± Acres | Crook County | Wyoming | Property ID: 1128157
Impressive 186-acre Black Hills property with a one of a kind home that combines
maximum efficiency with detailed elegance. From the time you enter this onelevel
home you will feel the grand sense of spoiled luxury you’ve always deserved.
It has an inviting atmosphere and an open floor plan designed for entertaining
guests. Many custom features including a deluxe kitchen, custom cabinetry, solid
Caesar stone counter tops, spacious master suite, spa tub, fireplace, hard-wood
flooring, French doors, wrap-a-round covered porch. Includes a guest house,
horse barn, shop and outdoor riding arena. This handsome country estate is an
exceptional find that combines picturesque surroundings, a distinctive home for
lavish living and a great set of out-buildings. Price: $1,387,000
Lytle Creek Ranch
Oak Creek Retreat
1,160± Acres | Crook County | Wyoming | Property ID: 947472
A hidden gem in the western Black Hills, this ranch in one of the most picturesque and
private settings available in the Bear Lodge Mountains. 1,160 acres with end of the
road privacy, live water and the entire east side bordering the Black Hills National Forest.
A mixture of pine covered hills, steep canyons, aspen groves, high meadows, unobstructed
views, creek bottoms and bur oak draws provide an exquisite landscape. Almost two miles
of Lytle Creek runs through the ranch. Ranch buildings include a three-bedroom home,
hunter’s cabin, several barns and sheds. The combination of majestic vistas, mountain
scenery, live water and access to public lands make the Lytle Creek Ranch a place you’ll
want to enjoy for a lifetime. Price: $3,480,000
www.ERanches.com
Jim Pederson | jim@eranches.com | (307) 746-2083
PO Box 98 | Newcastle, Wyoming 82701
view all properties: LandsofAmerica.com/member/11659
L a n d s o f A m e r i c a W e s t . c o m
73

Joesph C. Burns | Bryan W. Walchle | Michael J. McGarry
(970) 249–4300 | (970 ) 249–1313 fax | office@eagleland.com | www.eagleland.com
North Montrose Farm
758± Acres | Montrose County | Colorado | Property ID: 1793022
These 758 acres (630 irrigated) encompass one of Western Colorado’s largest
production farms. It lies minutes from Montrose at 5,500 feet in elevation. The
farm is highly productive in corn and alfalfa hay and features 1,200-head cattle
facility, two shops, granaries, numerous outbuildings and a 2,800-square-foot
home. Price: $4,795,000 ROI
Bostwick Park
Production Ranch
2,455± Acres | Montrose County | Colorado | Property ID: 1650505
This 2,455 acres with over 710 irrigated. This three-ranch assemblage would create
one of Western Colorado’s largest contiguous hay ranches located just minutes from
the daily commercial air service in Montrose. Located at 7,000 feet in elevation,
this highly productive ranch has irrigation water supplied by one of Colorado’s
most consistent, and well-governed irrigation companies. The ranch features HWY
50 and county road access, underground power, three-and-a-half miles of elevated
escarpment building sites, world class hunting; featured on the outdoor channel, and
a setting that is simply spectacular. There are very few opportunities when this type of
assemblage can be acquired at such a value. Price: $7,240,000 ROI
74
S u m m e r 2 0 1 4

Shadow Mesa Ranch
708± Acres | Delta County | Colorado | Property ID: 1650512
Private, exclusive, surreal, majestic, and breathtaking are just a few of the
adjectives that describe the spectacular Shadow Mesa Ranch. Located threeand-a-half
miles west of Cedaredge, Colorado, this ranch encompasses the top
of a private mesa. Bordered to the east by Ward Creek and the west by George
Creek, the ranch has multiple sources of year round flowing streams. Ranging in
elevation from 5,800 feet up to 6,200 feet, the ranch is the ideal elevation for
a year round residence. Price: $4,600,000
Triple 8 Alpine Ranch
542± Acres | Gunnison County| Colorado | Property ID: 1650513
Have you ever driven by a property and the setting was so riveting that it took
your breath away? If so, you may have driven by the Triple 8 Alpine Ranch. It
is even more amazing the closer you get to the facilities. The ranch is located
39.5 miles from Montrose and 43.5 miles for Gunnison in an enchanted
setting surrounded by a blanket of dark timber and aspen trees that back
up to thousands of acres of public land. It ranges in elevation from 9,600
feet up to 10,000 feet. This elevation is the ideal for lush forests, abundant
wildlife and cool nights. The ranch features a log home with museum quality
craftsmanship, numerous outbuildings, a large fishing pond and beautiful
mountain views. Price: $2,945,000
Uncompahgre River Ranch
151± Acres | Ouray County | Colorado | Property ID: 1650506
Located among the interwindings of the Uncompahgre River in Ridgway,
Colorado, lies a breathtaking 151-acre ranch. Having over half a mile in river
frontage, approximately 61 irrigated acres, lush meadows, and large pastures,
this ranch makes the perfect habitat for cattle and wildlife grazing. Situated in
the Uncompahgre Valley 45 minutes from Telluride and 15 minutes from the
Switzerland of America, the ranch boasts endless views to the majestic San Juan
Mountains and surrounding hills as well as many outdoor activities including big
game hunting, ice climbing, and world-class skiing. Price: $2,400,000
Waterdog Mountain Ranch
1,880± Acres | Montrose County
Colorado | Property ID: 1650516
Waterdog Mountain Ranch, comprised of 1,880± acres is located just a few
short miles southeast of Montrose, Colorado. This ranch is a combination of
large open meadows with spectacular gamble oak, pinion, juniper and sage
cover hillside providing for great wildlife habitat and summer cattle pasture.
Numerous beautiful, small ponds and seasonal creeks provide water to the
multiple cross-fenced pastures. Located in Colorado DOW game unit 65, the
property features include fantastic views of the San Juan Mountains to the
south and the Montrose valley to the north. Price: $3,200,000
21263 Highway 550 | Montrose, Colorado 81401 | view all properties: LandsofAmerica.com/member/24806
L a n d s o f A m e r i c a W e s t . c o m
75

Forked Lightning Ranch
2,300± Acres | San Miguel County | New Mexico | Property ID: 1814856
The 2,300± deeded acres of Jane Fonda’s Forked Lightning Ranch provide a diverse ecosystem of placid beauty. Three-and-a-half miles of the famed Pecos River
create a wildlife-rich riparian corridor and a haven for anglers seeking healthy trout. With sedimentary-rock formations, rolling foothills and New Mexico-style
architecture, the Ranch encompasses all of the distinguished elements of the Southwest. Fonda personally directed the design of the 9,585± square-foot River
House creating an elegant refuge with state-of-the-art technologies. The modern equestrian facilities and healthy native pastures could comfortably handle a sizable
remuda or a few personal saddle horses. Fonda has incorporated energy-efficient, sustainable resources, methods and materials into the restoration, building, and
landscaping throughout the ranch. Just southeast of Santa Fe and adjacent to Santa Fe National Forest and Pecos National Historical Park, Fonda’s Ranch offers
the opportunity to own an exquisite equestrian property to relish as your own private sanctuary or family retreat. Price: $19,500,000
Sun River Ranch
3,050± Acres | Lewis & Clark & Teton Counties | Montana | Property ID: 1784311
The Sun River Ranch contains 3,050± total acres straddling three miles of the Sun River. The
surreal setting represents an attractive opportunity to own a remarkable turn-key fly-fishing and
equestrian property on renowned trout water. The Ranch is conveniently located 17± miles west of
Augusta and a comfortable one-and-a-quarter hour drive from Great Falls. The main compound is
a tasteful combination of log and stone sited above the Sun River providing commanding vistas of
the Rocky Mountain Front. The state-of-the-art technology, supreme quality and unsurpassed style
that are boasted throughout the masterfully-crafted home create the ultimate Montana retreat.
Complementing the compound are the carefully designed manager’s home and exquisite equestrian
barn. The helipad and hangar provide for ease of travel for those who take advantage of privateair
transportation. Devoted anglers will appreciate that the
famed tail-water stretch of the Missouri River below Holter
Dam is a comfortable hour’s drive from the Ranch. The
abundant wildlife is enhanced by the adjoining 19,000-
acre Sun River Game Range and immediate access to the
Bob Marshall Wilderness. Price: $9,250,000
Three Peaks Ranch
2,964± Acres | Park County | Montana
Property ID: 1784430
This executive ranch has 2,964± deeded acres and offers
an exquisite architecturally-designed custom home, 420±
irrigated acres and a well-designed low-overhead cattle
operation. Anglers will appreciate the three professionally
designed and strategically placed trout ponds on the ranch
and the proximity to all of the world-renowned fishing
available in the nearby Yellowstone River, Paradise Valley
spring creeks and Yellowstone National Park. Three
Peaks Ranch offers serenity and solitude in a famed
Montana locale with easy year-round access. Co-listed
with The Land Brokers. MAJOR PRICE REDUCTION.
Price reduced to: $16,500,000
Bozeman, Montana & Salt Lake City, Utah
view all properties: LandsofAmerica.com/member/24086
76
S u m m e r 2 0 1 4

www.SwanLandCo.com | (406) 522–7342 | info@swanlandco.com | (406) 522–0769 fax
Lazy J Ranch — SOLD
5,665± Acres | Gallatin County | Montana
Available for the first time in 50 years, this unsullied 5,665± deeded
acres is the largest privately held block of land in the renowned Bridger
Canyon. Bridger Creek provides private trout waters, and the magnificent
Bridger Mountains have a resident elk herd numbering in the hundreds.
The Ranch borders Bridger Bowl Ski Resort and about three-and-a-half
miles of Gallatin National Forest. Current zoning allows one residence
per 40 acres, creating an ideal candidate for a conservation-minded
buyer. This zoning designation also provides for strategic and tasteful
development. Price: $40,000,000
Shortridge Ranch
678± Acres | Lewis & Clark County
Montana | Property ID: 1784458
Overlooking the magnificent Rocky Mountain
Front, these 678± deeded acres straddle oneand-a-half±
miles of trout-rich Smith Creek.
Utilized to host individuals and groups desiring
private, quality trout water and upland gamebird
hunting, the Ranch is also operated as a
pure-bred Red Angus cattle operation. The
ranch will provide its next owner a productive
ranch on a great trout fishery and hunting
preserve with close proximity to some of the
best outdoor recreation and beauty Montana
has to offer. Price reduced to $2,375,000
O’Donnell Mountain Meadows
5,870± Acres | Deer Lodge & Powell Counties | Montana
Property ID: 1784438
Offered at under $820 per deeded acre, the 5,870± acres bordering national forest
stretches from the foothills of the eastern Deer Lodge Valley to the mountainous Continental
Divide. The Property consists of varied terrain, including abundant grass resources offering
productive grazing, and numerous mountain streams providing consistent water sources
for wildlife and livestock. A calving ground for elk in the spring, the property has endless
wildlife viewing and hunting opportunities. Price: $4,800,000
Kindred Ranch
635± Acres | Lewis & Clark County | Montana
Property ID: 1784395
With the Rocky Mountain Front Range to the west and the grassy
prairies to the east, these 635± acres represent an opportunity
to own a recreation, agricultural or equestrian property in a very
desirable locale. Elk Creek flows through the Ranch for about onequarter
mile creating a wildlife-rich riparian corridor. The wildlife
and recreation are enhanced by the adjoining 6,400± acres of
state land. Improvements have been completely updated on this
impeccably maintained Ranch which would be ideal for year-round
living or as a seasonal escape. Price: $1,425,000
L a n d s o f A m e r i c a W e s t . c o m
77

CRAZY D RANCH
12,169± Acres | Sweet Grass County | Montana
The Crazy D Ranch is located in one of the most sought after areas of Montana
for both agriculture and recreation. The ranch enjoys stunning views of the Crazy
Mountains to the west and the Absaroka’s to the south. The livestock operation
is well supported by an excellent hay base and quality pasture resources. This
beautiful ranch also has several miles of quality wild trout fishing, upland
bird hunting, turkey hunting, trophy whitetail deer hunting and antelope. The
homes on the ranch are beautifully situated and well maintained providing
quality accommodations for owners, guests and manager. The Crazy D is a
tremendous ranch and one we feel privileged to represent. Price: $16,500,000
CIRCLE LAZY H RANCH ON FALL CREEK
78
S u m m e r 2 0 1 4
CHIMNEY ROCK RANCH
10,605± Acres | Sweet Grass County | Montana
Property ID: 1139294
Private fishing, equestrian mecca, trophy hunting, exceptional views and
beauty, accented with well-appointed improvements, make Chimney Rock
Ranch one of the finest ranches on the market today. 10,605± contiguous
deeded acres and 1,465± leased acres spread below the Absaroka and
Crazy Mountain Ranges with excellent trout fishing along five private
miles of Lower Deer Creek. A beautiful main home with views framing the
expansive Ranch overlooks the equestrian center and other improvements
complementing the working aspects of the Ranch. Approximately 30
miles of riding trails cover the ranch in addition to the endless miles
of bordering Forest Service and wilderness land. Price: $19,500,000
160± Acres | Jackson Hole County | Wyoming
A recreational paradise, the Circle Lazy H Ranch features over a mile of two forks of Fall Creek with excellent cutthroat fishing as well as hunting, hiking and horseback riding
on the ranch and adjacent public lands. Enjoy back-country skiing, cross-country skiing, snowshoeing and snowmobiling during the winter months.Tucked away in a truly
stunning mountain setting surrounded by the Bridger-Teton National Forest, the Circle Lazy H Ranch on Fall Creek boasts a remarkably private setting. Price: $9,000,000

www.FayRanches.com
395 Gallatin Park Drive | Bozeman, Montana 59715
T: (405) 586–4001 | F: (406) 586–4021
view all properties: LandsofAmerica.com/member/22995
LITTLE VALLEY RANCH
22,990± Acres | Powell County | Montana
With a resident elk herd that number several hundred during the fall season, Little
Valley is a dream ranch for the sportsman. Little Valley Ranch is a historic mountain
ranch in western Montana located in the scenic Avon Valley. 12,910± deeded
acres is comprised of mountain meadows and timbered hills along the west side of
the valley. The majority of the ranch’s 10,080± leased acres reach higher elevations
in the Garnet Range along the west side of the ranch. Strickland Creek and Davis
Creek emerge in the Garnets, watering the ranch’s wildlife and livestock. The
Montana ranch facilities are functional and updated, and good stewardship is further
demonstrated by the condition of the range and timber resources. Price: $17,500,000
MCGRATH RANCH
3,570± Acres | Crook County | Oregon | Property ID: 1188577
An amazing set up awaits at the McGrath Ranch cattle ranch. With big
game hunting, fishing, water and snow skiing, all of Central Oregon’s
recreational opportunities are within a few minutes drive. Several yearround
springs and two seasonal streams run through this rare gem. Out
the gate BLM permit (554 AUMs) and 174.3 acres of irrigation delivering
outstanding hay and pasture production. Rangeland pastures have been
developed around a solar well with extensive water delivery system.
Wonderful waterfowl hunting with adjacent State Wildlife area. Trout and
bass fishing plus easy access to Prineville Reservoir. Price: $2,295,000
WHITE HORSE RANCH
177± Acres | Idaho County | Idaho
The White Horse Ranch is a beautiful 177±-acre property and truly has been designed
to take in the vast views looking over the Salmon River along with The ranch is situated
looking to the east into the Clearwater Mountains in the Nez Perce National Forest.
The ranch features facilities offering easy to use barns, an outdoor arena and a full
scale wine making facility. The property is surrounded by large private land holdings
with the Payette National Forest a couple miles to the south. The beautiful view to the
east looks over the Salmon River and beyond into the Nez Perce National Forest. A
beautiful 2,300-square-foot log home, a beautiful guest home just steps away from the
pool and patios surrounding the main home set this ranch apart. Price: $2,800,000
L a n d s o f A m e r i c a W e s t . c o m
79

Find extraordinary properties at LintonBingle.com
Four Bear Ranch
1,246 ± Acres | Park County
Wyoming | Property ID: 1764295
On the market for the first time in 25 years, this high
county ranch has exceptional panoramic views, prolific
wildlife, borders National Forest, and offers end of the
road privacy. Located just outside of Cody, Wyoming
and close to Yellowstone National Park, it represents
one of the region’s prime land holdings. Numerous
springs exist and form the natural lakes and ponds
dotted throughout the 1,246 acres that comprise the
ranch. The main residence of approximately 6,800
square feet is perched below Jim Mountain and has a
modern floor plan with Jim creek flowing nearby. The
varied topography and expansive views are stunning
throughout the property. Price: $11,500,000
7.3± Acres | Lincoln County | Wyoming
The thoughtful design and exceptional craftsmanship of this
newly constructed cabin in the 400-acre Double L Ranch
community is unrivaled. Perfectly situated on an elevated 7.3-
acre parcel, the house and its barn are enveloped by ponds
and unobstructed views to the Salt River and Caribou National
Forest. Crafted of 200 year logs and timbers, its features include
a gourmet kitchen, great room with stacked stone fireplace,
adjacent screened porch, wet bar, and two bedrooms with ensuite
baths. Double L Ranch amenities include a grass airstrip,
hangar, saloon with theater, skeet range, Salt River frontage for
fly-fishing and boating, forest access, and a three-hole golf course.
Price: $2,550,000
80
S u m m e r 2 0 1 4
Flying H Ranch
280± Acres | Park County | Wyoming | Property ID: 1150512
A spectacular legacy property, the 280-acre Flying H Ranch is located at the end of a County road in a
most desirable location—the Upper South Fork Valley of Cody, Wyoming. The Flying H has unsurpassed
views of the surrounding mountains and
encompasses a long stretch of unspoiled river. It
borders the Shoshone National Forest, bringing to
the ranch instant back door access into the most
pristine wild country of the lower 48 states. The
improvements include an owner’s residence, three
guest dwellings, a classic hip-roof horse barn and
corrals, a livestock shed, and a metal shop. There
are approximately 160 acres of irrigated/subirrigated
pastures and meadows for grazing horses
or cattle. Price: $6,900,000, final price reduction.
Luxury Cabin at the Double L Ranch

Inspired Design in Indian Springs Ranch
7.58± Acres | Teton County | Wyoming | Property ID: 1701637
Sited on 7.58 acres, this newly built four bedroom estate is surrounded by
ponds and hundreds of acres of conservation land. Its exquisite interior finishes
include internationally sourced granite and onyx, custom leather bar facades, an
entry cabinet of Wyoming fossil stone, hand-wrought stair rails and fireplace
doors, and handcrafted interior and exterior lighting. Indian Springs Ranch is
one of the most prestigious gated residential enclaves in Jackson Hole. There
are 42 home sites distributed throughout the 1,200 acres that encompass the
community. Just 10 minutes from downtown Jackson, the development has
amenities that include fly-fishing on spring creeks and numerous lakes, tennis
courts, log clubhouse, outdoor swimming pool, and horse facilities with two
barns and fenced corrals. Price: $5,695,000
.89± Acres | Teton County | Wyoming
An unrivaled fly-fishing property in the Crescent H
Ranch of Jackson Hole is offered for purchase this
summer. With owner-dedicated amenities that include
a 1,300-acre trail system, nearly seven miles of blue
ribbon fly-fishing creeks along with Snake River
fishing access, this former Orvis endorsed retreat
has no peers in Jackson Hole. The modern open floor
plan of this stately log residence can accommodate a
crowd and the pastoral views to the Snake River are
unobstructed. Offered furnished, the home features
five-bedrooms, seven-baths and a vaulted great room
that opens up to a spacious aspen-shaded deck. The
tranquil setting adjacent to the National Forest takes
you worlds away, yet it is a quick five-minute drive to
town. Price: $3,575,000
Log Home with Unrivaled Fly-Fishing
(307) 732–7518
Carol Linton
Associate Broker
view all properties: LandsofAmerica.com/member/67488
LintonBingle@jhrea.com
Betsy Bingle
Associate Broker
L a n d s o f A m e r i c a W e s t . c o m
81

view all properties: LandsofAmerica.com/member/4068
Cato Crazy Woman Ranch
49,657± Acres | Johnson County | Wyoming | Property ID: 1746057
The historic Cato Crazy Woman Ranch is a well-watered, highly productive, low
overhead grass ranch located in north central Wyoming situated in the Powder
River Basin near the Big Horn Mountains. Consisting of 44,657± deeded acres,
3,200± State of Wyoming lease acres, and 1,800± BLM lease acres for a total of
approximately 49,657 contiguous acres. Located approximately 15 miles east of
Buffalo with year-round accessibility. Owner-rated 1,000 cow/calf pairs year-round.
Crazy Woman Creek flows through ten pastures and provides year-round water.
Clark & Associates Land Brokers, LLC at (307) 334–2025. Price: $18,810,000,
$421 per deeded acre
Rocky Mountain Sheep
Company Ranch
Fiddleback Ranch
55,893± Acres | Bill, Converse &
Weston Counties | Colorado
55,892.76+ total acres: 4,268.53+ deeded, 6,360+
State lease, 3,773.23+ private lease, and 4,149+
Thunder Basin Grazing Association permit acres. Contact
Cory Clark at (307) 334–2025 or Mark McNamee at
(307) 467–5523. Price: $5,000,000
39,335± Acres | Carbon County | Wyoming
Property ID: 1500466
39,335+ acres consisting of 19,950+ deeded, 19,665+ BLM and 80+
State lease acres located near Rawlins, Wyoming. Owner-rated carrying
capacity is 300 cow/calf pairs year-round. four-and-a-half miles of the
North Platte River flows through the ranch along with Pass Creek which
runs through the south part of the ranch. 17 other water sources, including
some pipelines, electric and solar wells, and artesian wells and springs provide
water for livestock on the ranch. Improvements include set of shipping corrals.
Kyle Berger at (307) 760–8018. Price: $6,400,000
Pretty Creek Ranch
7,510± Acres | Ziebach County | South Dakota | Property ID: 1525220
Located eight miles north of Dupree, in the heart of cattle and wheat country, this ranch offers the
perfect combination of small grain and grass production. 7,670+ total acres that include a 160+
acre private lease. Of the 7,510+ deeded acres, approximately 2,500 acres are tillable with over
2,000 acres currently being farmed. Rich soils allow for great yields on wheat, dry land corn, and
hay. Water supplied by several dams, wells, pipelines and a rural water system. Contact Denver
Gilbert at (406) 697–3961 or Cory Clark at (307) 334–2025. Price: $8,950,000
www.ClarkLandBrokers.com
Cory Clark, Broker | Mark McNamee, Associate Broker | Denver Gilbert, Associate Broker
clark@clarklandbrokers.com | (307) 334–2025
PO Box 47 | Lusk, Wyoming 82225
82
S u m m e r 2 0 1 4

Timberline
Realty, Inc.
NEARBY DEEP CREEK
PRIVATE SKI RUN
Eagle Wilderness Ranch
2,293± Acres | Garfield County | Colorado
Located at the southern end of the Flat Tops Mountains, Eagle Wilderness
Ranch is one of the most desirable and inspiring ranches remaining adjacent
to the Vail Valley. This 2,293+-acre inholding boasts some of the most
encompassing views in the entire state of Colorado. Standing near the west
boundary of the ranch you can see the Aspen and Snowmass Ski Areas, Vail
Ski Area, Elk Mountains, Mount Sopris, Maroon Bells, Gore Range, Castle
Mountain and much more. The Eagle Wilderness Ranch is approximately
50 percent tree covered with large stands of mature spruce, fit and aspen
surrounded by lush meadows and oak covered hillsides and plateaus. Several
springs and ponds along with significant water rights provide the buyer with
many options for use and potential development. The current owners have
invested substantially in improving the seven-mile ditch system to provide
more water to the ranch. All this provides for an excellent wildlife habitat.
This ranch is known for its trophy big-game hunting. Large herds of elk and
mule deer roam the property along with bears, turkey and mountain lions. The
small sportsman cabin and a newly erected yurk provide owners and guests
with comfortable accommodations during recreational visits. Ideally situated
to take advantage of the splendid views, these structures have propane and
generator power for heat and lights and are connected by the extensive
road and trail system within the ranch. The roads and trails traverse more
then 20 miles throughout the ranch extending from an elevation of 7,100
feet near Deep Creek to over 9,500 feet near the ranch’s west boundary.
With over 11 miles of common boundary with U.S. Forest Service and
BLM land, Eagle Wilderness Ranch offers privacy and outstanding access to
thousands of acres of government land. It is just a short 33 miles from the
Beaver Creek Ski Area and 35 minutes from the Eagle Vail Jet Center. The
ranch is accessed via Coffee Pot Road, which is a joint county/U.S. Forest
Service road providing access to the Flat Tops and adjacent to the wilderness
area. The Eagle Wilderness Ranch is one of the best and last remaining
opportunities to own a large ranch parcel along the western limits of the Vail
Valley corridor. Retain it as one of the best hunting and recreational ranches
in the area or expand to a commercial hunting ranch. Develop it into large
ranch size parcels, which could potentially bring a very high price, or explore
a conservation easement, which could provide substantial monies to a new
owner. Lastly, there is significant opportunity to develop a private ski area.
With the vast potential and exceptional quality of this ranch, we encourage
you to visit the Eagle Wilderness Ranch and experience its magic appeal!
Price: $9,950,000
www.TimberlineRealtyInc.com
Steven King | (719) 687–3678 | srkmaine@yahoo.com
11511 US Highway 24 | Divide, Colorado 80814
view all properties: LandsofAmerica.com/member/23180
L a n d s o f A m e r i c a W e s t . c o m
83

view all properties: LandsofAmerica.com/member/180643
(480) 483–8100 | www.landadvisors.com
Exclusively Listed By
Goldfield R anch
2,442± Acres | Maricopa County | Arizona
Largest remaining privately held land parcel minutes east of Scottsdale, Arizona.
Located on both sides of State Route 87 at Goldfield Road in Maricopa County,
Arizona, this 2,442± (available all or part) property is the largest remaining privately
held land parcel in the Northeast Valley. It is ideally situated only 10 minutes to
Fountain Hills and Saguaro Lake, 25 minutes to Downtown Scottsdale and 40
minutes to Sky Harbor International Airport. 2,079 acres of the property, known as
The Preserve at Goldfield Ranch, was previously entitled for: a Development Master
Plan allowing a maximum of 1,000 units, Zoning (RUPD with PAD overlay), a
Special Use Permits for two water campuses and a wastewater reclamation facility,
and a 208 Amendment to the MAG Water Quality Plan. The remaining 363 acres
are zoned RU-190 (one dwelling unit per 190,000 square foot lot).
84
S u m m e r 2 0 1 4
Mike Schwab | mschwab@landadvisors.com
Greg Vogel | gvogel@landadvisors.com
4900 N. Scottsdale Road, Suite 3000, Scottsdale, AZ 85251

info@LeadbetterWebsterLand.com
(303) 832–8115 office | (800) 279–0406 toll free | (303) 861-5317 fax
1559 Logan Street | Denver, Colorado 80203
view all properties: LandsofAmerica.com/member/21425
www.LeadbetterWebsterLand.com
Quarter Circle 4 Ranch
1,520± Acres | Routt County | Colorado | Property ID: 473599
The Quarter Circle 4 Ranch operates 5,629 acres which includes 1520
deeded acres and 4,109 leased acres with the leased property being
directly adjacent to the deeded acreage. Property is adjacent to BLM.
The ranch is a combination of aspen forest, numerous ponds, creeks,
sage and grass hillsides and irrigated pasture with ditch rights. There
is a modest three bedroom home with barn and other great locations
for other homes. Property is approximately three miles off of pavement.
The ranch is located halfway between Steamboat Springs and Vail. The
property has no conservation easement on it. Wildlife includes great
deer and elk hunting with other hunting species available. A great opportunity for a working and recreational ranch.
Property is co-listed with Mason and Morse. Price: $3,350,000
www.HallHall.com | info@hallandhall.com
(303) 861-8282 | (303) 861-5317 fax
1559 Logan Street | Denver, Colorado 80203
Casa Barranca
33± Acres | Montrose County
Colorado | Property ID: 1808639
Black Canyon of the Gunnison, one of the
nation’s newest national parks. Can you
imagine having your home or vacation
retreat overlooking this incredible Canyon
and lying within the boundaries of the
national park. The Casa sits on 33 acres and is a one of a kind, never lived in home. It is a turnkey
home with custom furnishings and impressive upgrades throughout the home. (You know if it has an
infinity pool and helipad it has to be good). Videos about construction techniques and the property
are available at HallandHall.com. The Casa Barranca is also a donation candidate to the National Park
Service for tax benefits. Additionally, there is a 1766-acre ranch (see below) that is within a quarter
mile of Casa Barranca for that perfect hunting and recreational retreat. Casa Barranca is co-listed
with Leadbetter Webster Land Co. Price: $4,500,000
Canyon Ranch of Gunnison
1,766± Acres | Montrose County | Colorado | Property ID: 1615727
The Canyon Ranch of the Gunnison is 1766 deeded acres and adjacent to the Black Canyon of
the Gunnison National Park. This ranch has been used as a recreational and hunting property with
quality deer and elk and other mountain species. The ranch is a combination of meadows, gambrel
oak and aspen. There are tremendous views
of the Black Canyon as well as the adjacent
valley. Included is a very nice log lodge and
two additional cabins for sleeping quarters
for guests. Only 72 acres of the property is
in conservation easement and the remainder
of the ranch is an excellent candidate for
an additional easement. The ranch is colisted
with Leadbetter Webster Land Co.
Price: $6,000,000
L a n d s o f A m e r i c a W e s t . c o m
85

El Dorado Preserve
812± Acres | Jefferson County| Colorado | Property ID: 1780648
This stunning 812-acre hunting and recreation ranch is located just six miles
Northwest of Golden, Colorado. El Dorado Preserve is located 30 minutes
from the Denver CBD and only 45 minutes to the Denver International
Airport. Boulder and Evergreen are only 30 minutes away and downtown
Golden is a quick 15 minute trip. Cradled within pine and aspen trees, this
legacy ranch features unsurpassed views of downtown Denver, the Front
Range, Pikes Peak and the Continental Divide. With its abundance of black timber habitat, the ranch attracts many species of wildlife including elk, deer, bear and
turkey. It is truly a place for exceptional trophy hunting. There is access to Ralston Creek State Wildlife Area which is adjacent to Golden Gate Canyon State Park
and its 12,000 acres of forest and miles of trails for hunting, hiking, horseback riding and mountain biking. The elevation of the ranch ranges from a low point of
approximately 8,050 feet to just over 9,500 feet in the upper areas of the ranch leading up to Mount Tom. The property has a small, rustic two-bedroom, onebath
cabin that currently serves as a managers quarters. This ranch features many amenities including, but not limited to: spectacular, panoramic views of the city
of Denver and Pikes Peak, a trout stocked fishing pond with outdoor cooking and entertainment areas, a 40’x100’ barn, existing power, internet, Direct TV, phone
service, propane and significant water rights. There are no water wells on the ranch and a detailed list of the available water rights will be provided to an interested
buyer. Taxes on the tract are relatively inexpensive as the ranch is being worked with cattle and qualifies for an agricultural exemption. Taxes paid to Jefferson
County total approximately $3,286 per year. A possible exit strategy includes development of 13, 35-acre estate lots on the lower ranch. Private and secluded,
these 13 lots would make up El Dorado Preserve with spectacular city views, mountain views, forested woodlands and mountain top “eagles nest” home sites. Each
owner would enjoy the three mile private trail system which provides for diverse
freedom to roam about and enjoy the great outdoors. While many development
strategies exist, the lower ranch could be developed as described with the top
ranch which is adjacent to the state park could be put into a conservation easement.
Please give Dave Banzhaf a call to schedule a Ranch tour on this one of a kind land
investment. Price: $6,995,000
86
S u m m e r 2 0 1 4
DAVID BANZHAF/BROKER | (303) 204–7120
DBANZHAF@BEACONMTNRANCH.COM
WWW.BEACONMTNRANCH.COM
PO BOX 631519 | LITTLETON, COLORADO 80163
VIEW ALL PROPERTIES: LANDSOFAMERICA.COM/MEMBER/83188

Bailey Ranch
1,227± Acres | Gunnison County | Colorado | Property ID: 1526230
Tremendous elk and mule deer hunting property situated in the Ohio Creek Valley
of Gunnison, Colorado. This 1,227-acre ranch possesses an incredibly diverse,
rich ecosystem which is critical for maintaining large resident elk and mule deer
populations. The landscape varies from lush hay meadows and deep sage draws
to gorgeous aspen groves and dark timber patches. The ranch is well watered
with over a mile of creek frontage, multiple ponds and an abundance of water
rights. Additionally, there are two single-family dwellings with outstanding views
of the West Elk Wilderness and Castle Peaks. Daily jet service into Gunnison is
20 minutes away and world class skiing and mountain biking at Crested Butte
Mountain Resort is a short 35 minute drive. No conservation easements and seller
believes minerals are intact. Price: $5,000,000
BLAYNE ST. JAMES | (970) 596–6089 | BLAYNE@STJAMESREALTYGROUP.COM | WWW.STJAMESREALTYGROUP.COM | 721 MAIN STREET | WINDSOR, COLORADO 80550
VIEW ALL PROPERTIES: LANDSOFAMERICA.COM/MEMBER/133319
L a n d s o f A m e r i c a W e s t . c o m
87

Whitetail Hunting Land & Lodge
1,124± Acres | Otter Tail County | Minnesota
This is one of the finest whitetail hunting properties in the United States.
Located in the famous Hillview Quality Deer Management area this property has
been producing trophy deer for years. It has been well documented in magazine
and newspaper articles. The lodge is an 8,000 square foot stone and wood
masterpiece surrounded by large oaks and manicured lawns. The property totals
1124± acres of woods, river, gravel pits and 375 tillable crop acres. 200 acres
under pivot irrigation. Price: $5,900,000
Sundance Log Home
144± Acres | Sundance County | Wyoming
The peaceful setting in the Black Hills of Wyoming
is located near I-90. The home features several
character logs, three bedrooms, a grand wall of
windows flanked by a stone fireplace, loft area,
custom dining room nook, and an insulated multipurpose outbuilding with
covered shooting range. Price: $867,000
On the Bluffs of the Missouri River
361± Acres | Oacoma County | South Dakota
361 acres along the river breaks that hold wildlife and exceptional views.
A well managed mix of farm ground, natural grasses and cedar lined draws
along the Missouri River. Several hundred acres of public hunting along the
river adds to the hunting and privacy of this ranch. Everything you need and a
cabin site within 10 minutes of town! Price: $2,960,000
www.ucSpecialty.com
OFFICES IN MINNESOTA AND THE BLACK HILLS OF SOUTH DAKOTA
Brian Mohr/Broker | bmohr@woodridgeland.com | (218) 770-5049
Dave Peterson/Broker | (605) 390-2709 | dave@ucspecialty.com
view all properties: LandsofAmerica.com/member/41222
North Fork Cattle Ranch
1,450± Acres | Union County | Oregon | Property ID: 1149445
1,450± acres, secluded, incredible views of the Blue Mountains and valley floors. Great hunting
opportunities for elk and deer. Terrain ranging from timber, range-ground to grass meadows. Spring,
summer and fall pasture. Price: $1,350,000
greg sackos/broker
info@intermountainland.com | (541) 523–4434
1425 Campbell Street | Baker City, Oregon 97814
www.IntermountainLand.com
McCoy Meadows Ranch
2,500± Acres | Union County | Oregon | Property ID: 435366
2,500± acres, privacy, seclusion and recreational opportunities. Miles of streams, timber, lush meadows
and diverse terrain. Home, barn, cabins and more. Premier fish and wildlife habitat. Price: $2,250,000,
REDUCED to $1,900,000
88
view all properties: LandsofAmerica.com/member/20871
S u m m e r 2 0 1 4

Kao Ranch
Stenzel Ranch 80± Acres | Yolo County | California | Property ID: 1157220
781.62± Acres | Yolo County | California | Property ID: 980181
Northern California Ranch. Simply the most beautiful and well-located ranch hidden
in the heart of California's last unspoiled Valley. This property is approximately oneand-a-half
hours from the Sacramento Airport and approximately two hours from the
San Francisco Bay Area. This private, and stunning ranch is comprised of four parcels
totaling 781.6± acres and offers nearly everything a person could wish for. There are
various springs, seasonal and all year around ponds and this ranch borders the all year
around Cache Creek with riparian water rights that highlights this ranch. Amazing array
of opportunities to Sportsmen's, equestrians, ranchers, and family recreation. Enriched
with a host of abundant wildlife such as deer, quail, turkey. Perfect for horseback
riding, hiking, hunting, and other recreational activities. Unlike many ranches in the
area this ranch has a solar water well system with numerous water storage tanks. The
shop is approximately 2,400 square feet with water recovery system and storage, a
building pad with stunning views. There are so many unlimited opportunities here to
develop your dreams. Owner financing is available with acceptable terms. For detailed
information call: (800) 882–0235 ext. 3068. Price: $1,750,000
Northern California Ranch. 80± deeded acres. This property is approximately
30 minutes from the Sacramento Airport and one-and-a-half hours from
the San Francisco Bay Area. This ranch is flat to gently rolling hills
located near the end of the County Road. Enjoy the magnificent views
of the oak-studded hills sprinkled with pines just surrounded with a
wonderful backdrop of the coastal mountain range. Owner financing is
available with acceptable terms. For recorded detailed information call:
(800) 882–0235 ext.2008. Price: $430,000
Linda Pillard | BRE | () – | l.pillard@gmail.com
www.CaliforniaLandPros.com | () – fax | Cleveland St. | Woodland, California | view all properties: LandsofAmerica.com/member/
WE'RE ON APPLE
NEWSSTAND
Get Lands of America West Magazine on the iPad & iPhone
Get the digital edition of Lands of America West Magazine to see everything you love
about the magazine come to life on the iPad and iPhone.
1. Visit the App Store and search for Lands of America West Magazine to download the
free Lands of America West Magazine app.
2. Open the app from within your iPad or iPhone Newsstand folder.
3. Purchase back issues and/or a subscription.

You’re making significant decisions based on the
value and potential of your property.
You can trust an ASFMRA accredited professional
Find your land expert at asfmra.org